Commercial Scale Solar slide image

Commercial Scale Solar

Altus Power Has Been Structured to Provide Efficient Access to Capital Executing On Multiple Funding Sources in a Volatile Environment - Securitization Financing – Investment Grade Term Loan Facility led by Blackstone ☐ 3.51% Fixed Rate on ~$500mm currently ☐ Expected to finance TGC transaction with additional draw from Blackstone funding facility at attractive. spread to prevailing US 10yr rate and cash on hand Bank Loan Financing $141.3 Million Term Loan and LCs closed Dec 23rd, which with interest rate swap, provided for effective long-term fixed rate of 4.885% □ Provides term financing for previously announced DESRI transaction Revolving Credit Facility Up to $200 million with 5-year maturity and interest of SOFR plus spread between 160 - 260 bps on drawn balances ☐ Available for general corporate purposes to supports asset growth and ability to serve additional customers with solar energy generation, storage and vehicle charging
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