Altus Power SPAC Presentation Deck slide image

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 35
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