Altus Power secures $100 million credit facility from Goldman Sachs and CPPIB 

Altus Power, a clean energy giant,  has successfully closed a secured credit facility valued at $100 million, courtesy of an affiliate of Goldman Sachs Asset Management and CPPIB Credit Investments III Inc., a subsidiary of Canada Pension Plan Investment Board. 

The firm intends to allocate the proceeds from this financing to bolster its ongoing expansion endeavors. The credit facility, with an interest rate of 8.50% and a duration of six years, offers the option for penalty-free prepayment after three years.