Altus Power SPAC Presentation Deck
Altus Power EBITDA Coverage
Assets going operational do not realize full annual EBITDA until following year
Significant portion of annual EBITDA is attributable to assets that have become operational in previous year
-75% of 2023 calendar EBITDA is generated from assets operating by year-end 2022
Current 900+ MW pipeline represents a ~2.0x coverage over the 445 MW required to achieve 2022
annualized EBITDA
ā
$38
2021E
$57
69%
$83
2022E
$114
75%
$153
2023E
$206
CBRE Acquisition
Holdings
90%
$228
$ in millions
Calendar EBITDA
7% of EBITDA Originated Previous Year
Annualized EBITDA
Note: EBITDA excludes non-recurring expenses such as non-recurring transaction costs. Altus Power's 2020 financial information presented herein is unaudited. An audit of Altus Power's historical financial statements is in process and may result in
adjustments, corrections and/or changes in presentation from the financial information shown in this Presentation.
2024E
ALTUS POWER
$288
Annualized Coverage Ratio
30View entire presentation