Altus Power Announces Acquisition of 84MW Portfolio from Vitol, Adding Thousands of Customers in New York, New Jersey, and Maine
Stamford, Conn.- January 31, 2024 – Altus Power (NYSE: AMPS), the leading commercial-scale provider of clean electric power, today announced the signing and closing of approximately 84 MWs of commercial-scale solar arrays from Vitol, the largest independent energy trader globally, for total proceeds of approximately $118 million.
Vitol’s VC Renewables expands into greenfield solar with acquisition of East Light Partners
Vitol’s Americas renewables platform, VC Renewables, expands into greenfield development through its acquisition of a 520MW pipeline and management team from East Light Partners, a premier greenfield solar and storage developer led by Jamie Fordyce and Wendy De Wolf.
Vitol to deliver renewable energy credits to Meta through dedicated 50MWac/ solar and storage facility
Houston, Texas – January 16, 2023 – Vitol and Meta Platforms Inc. have entered into a multi-year agreement to supply renewable energy credits and other environmental attributes from Vitol’s Ocotillo Wells, California solar project in support of Meta’s operations in the region.