Altus Power acquires ‘core business’ of Unico Solar, no terms

“Continuing its growth momentum and further cementing its presence on the West Coast, Altus Power announced the strategic acquisition of the core business of Unico Solar Investors or Unico Solar. Altus will acquire Unico Solar’s development platform, pipeline and senior leadership team as well as new offices in Denver and Seattle.This acquisition illustrates Altus Power’s continued ability to efficiently acquire assets and platforms. As part of the acquisition, Unico Solar’s development platform and pipeline will become wholly owned by Altus Power and Unico Solar’s development team will be integrated with and into the customer-centric Altus team…”Unico Solar has built a dynamic solar development platform centered on overcoming customer adoption barriers for commercial rooftop and community solar projects, largely in the western U.S.,” said Brett Phillips, co-Founder and Vice President, Unico Solar. “Joining forces with Altus Power brings together market leaders in the commercial and industrial solar energy vertical that will supercharge project development for real estate owners and users on a national scale.”