altus power america management is an asset management firm that invests in renewable energy with sustainable returns. altus deploys capital to build and operate clean energy systems on commercial properties, schools and municipal buildings. the electricity generated from these systems is then sold to the host at a discount to the price paid to the grid. the host makes no upfront investment. these systems use proven technologies and are built to generate stable and sustainable cash flows and returns and to lower energy costs for the hosts, while lowering carbon emissions and reliance on fossil fuels. altus invests in, trades, and structures portfolios of renewable energy certificates, carbon offsets and other renewable attributes.
Company profile
Ticker
AMPS
Exchange
Website
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
CBRE Acquisition Holdings, Inc.
SEC CIK
Corporate docs
Subsidiaries
Altus Power, LLC • APA Generation, LLC • APA Finance Holdings, LLC • APA Finance, LLC • Altus ZS Holdings, LLC • APA Finance • APAF III Operating, LLC • TGCOP Holdco, LLC • DESRI V Acquisition Holdings, LLC • NY Community Solar (Fund III) Borrower, LLC ...
AMPS stock data
Latest filings (excl ownership)
DEFA14A
Additional proxy soliciting materials
11 Apr 24
DEF 14A
Definitive proxy
11 Apr 24
8-K
Entry into a Material Definitive Agreement
8 Apr 24
8-K
Entry into a Material Definitive Agreement
26 Mar 24
8-K
Departure of Directors or Certain Officers
22 Mar 24
10-K
2023 FY
Annual report
14 Mar 24
8-K
Altus Power, Inc. Announces Fourth Quarter
14 Mar 24
8-K
Altus Power Announces Appointment of CBRE Chief Sustainability Officer, Robert Bernard, to Board of Directors
4 Mar 24
8-K
Altus Power Announces Acquisition of 84MW Portfolio from Vitol, Adding Thousands of Customers in New York, New Jersey, and Maine
31 Jan 24
8-K
Altus Power Announces Financing from Goldman Sachs and CPP Investments
2 Jan 24
Transcripts
AMPS
Earnings call transcript
2023 Q3
13 Nov 23
AMPS
Earnings call transcript
2023 Q2
14 Aug 23
AMPS
Earnings call transcript
2023 Q1
15 May 23
AMPS
Earnings call transcript
2022 Q4
30 Mar 23
AMPS
Earnings call transcript
2022 Q3
14 Nov 22
AMPS
Earnings call transcript
2022 Q2
15 Aug 22
AMPS
Earnings call transcript
2022 Q1
16 May 22
AMPS
Earnings call transcript
2021 Q4
25 Mar 22
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | |
---|---|---|---|---|
Revenue | ||||
Cost of revenue | ||||
Operating income | ||||
Operating margin | ||||
Net income | ||||
Net profit margin | ||||
Cash on hand | ||||
Change in cash | ||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 83.99 mm | 83.99 mm | 83.99 mm | 83.99 mm | 83.99 mm | 83.99 mm |
Cash burn (monthly) | 49.00 k | 17.78 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 326.40 k | 118.46 mm | n/a | n/a | n/a | n/a |
Cash remaining | 83.66 mm | -34.47 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | 1707.4 | -1.9 | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2023
63.1% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 93 |
Opened positions | 16 |
Closed positions | 57 |
Increased positions | 36 |
Reduced positions | 25 |
13F shares | Current |
---|---|
Total value | 322.94 bn |
Total shares | 100.96 mm |
Total puts | 1.50 k |
Total calls | 1.28 mm |
Total put/call ratio | 0.0 |
Largest owners | Shares | Value |
---|---|---|
CBRE Acquisition Sponsor | 24.55 mm | $287.78 mm |
GSO Altus | 21.83 mm | $310.57 mm |
BX Blackstone | 21.12 mm | $144.22 bn |
Vanguard | 3.93 mm | $26.88 bn |
IVZ Invesco | 3.07 mm | $20.94 bn |
Liberty Mutual Group Asset Management | 3.00 mm | $20.49 mm |
STT State Street | 2.99 mm | $20.43 bn |
J. Goldman & Co | 2.97 mm | $20.30 bn |
Goffe Andrew J. | 2.16 mm | $0.00 |
Dimensional Fund Advisors | 1.53 mm | $10.45 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
18 Apr 24 | CBRE Acquisition Sponsor | Class A Common Stock | Other | Acquire J | Yes | No | 0 | 14,859 | 0.00 | 24,679,720 |
18 Apr 24 | Robert Charles Bernard | Class A Common Stock | Other | Dispose J | No | No | 0 | 14,859 | 0.00 | 0 |
31 Mar 24 | CBRE Acquisition Sponsor | Class A Common Stock | Option exercise | Acquire M | Yes | No | 0 | 1,811 | 0.00 | 24,557,823 |
31 Mar 24 | CBRE Acquisition Sponsor | Class B Common Stock Class A Common Stock | Option exercise | Dispose M | Yes | No | 0 | 181,125 | 0.00 | 724,500 |
28 Mar 24 | Gregg J Felton | Class A Common Stock | Buy | Acquire P | Yes | No | 4.78 | 12,500 | 59.75 k | 11,894,603 |
News
Morgan Stanley Maintains Overweight on Altus Power, Maintains $9 Price Target
11 Apr 24
Why Jabil Shares Are Trading Lower By Over 14%? Here Are Other Stocks Moving In Friday's Mid-Day Session
15 Mar 24
Roth MKM Maintains Buy on Altus Power, Lowers Price Target to $7
15 Mar 24
Recap: Altus Power Q4 Earnings
14 Mar 24
Altus Power Q4 2023 GAAP EPS $(0.17) Misses undefined Estimate, Sales $34.192M Miss $43.927M Estimate
14 Mar 24
Press releases
Altus Power, Inc. Announces Date for Release of First Quarter 2024 Financial Results and Conference Call
15 Apr 24
Altus Power Announces Appointment of CBRE Chief Sustainability Officer, Robert Bernard, to Board of Directors
4 Mar 24
CBRE Group, Inc. Reports Financial Results for Q4 and Full Year 2023
15 Feb 24
Legion Partners Issues Letter to The Chefs' Warehouse, Inc. Shareholders Calling for Urgently Needed Board Change
8 Feb 24
Altus Power, Inc. Announces Date for Release of Full Year 2023 Financial Results and Conference Call
7 Feb 24