Altus Power SPAC Presentation Deck
Altus Power's Attractive Portfolio Profile
C&I Solar Value Proposition
1.
2.
Direct relationships with customers and
strong return on invested capital
Longer term contracts (~20 years) with high
probability of re-contracting
Scalable business with real operating
leverage
Attractive cash flow profile given diversity
of projects and off-takers
Systems, brand equity, and structure are
sources of competitive advantage
Scale required to access attractive debt and
tax equity financing
Fragmented industry with path to accretive
consolidation
Altus Power has had zero customer
defaults in the Company's 10 year operating
history
Rooftop
40%
Install Type
Canopy
6%
410 MW
Non-IG
2%
Ground
Mount
54%
680+ FICO
14%
Baa1 - Baaz
16%
CBRE Acquisition ALTUS POWER
Holdings
Offtaker Credit Rating¹ (MW)
Not Rated
15%
Utility
21%
A1-A3
16%
Community
16%
Asset by Offtaker
Note: 410 MW is comprised of (a) operating and mechanically complete, (b) near-term construction expected to be completed by year-end 2021 and (c) near-term acquisitions expected to be consummated by year-end 2021.
Representative of 347 MWs. Where Moody's rating is not available, S&P equivalent rating is taken. May include related party, affiliate or Moody's risk shadow rating, at the time of underwriting.
Includes a single Baz project.
Aaa - Aa3
37%
410 MW
C&I
33%
Municipal
30%
Weighted Average Offtaker
Rating: A1¹
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