TPG acquired Altus Power, a commercial-scale solar energy provider, for approximately $2.2 billion in early 2025, taking the company private at $5.00 per share.
As a result of the transaction, Altus Power is now a privately-held company.
Moelis & Company is acting as financial advisor to Altus Power and Latham & Watkins LLP is acting as legal counsel to Altus Power. PJT Partners is acting as financial advisor to TPG Rise Climate and Kirkland & Ellis LLP is acting as legal counsel to TPG Rise Climate.