Buyout company TPG‘s (TPG) climate investment arm is in talks to acquire Altus Power (AMPS), a provider of solar power to commercial property owners and residential homes, Reuters’ David French reports, citing people familiar with the matter. If the talks between TPG Rise Climate and Altus are successful, a deal could be signed in the coming weeks, the sources said. Shares of Altus Power have jumped over 12% to $4 in afternoon trading.
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