Altus Power Expands Florida Presence with Acquisition of Three Operating Solar Projects from Origis Energy
Altus Power, a leading national provider of commercial-scale solar power solutions, today announced a strategic expansion of its renewable energy portfolio in Florida through the acquisition of three operational, ground-mounted solar projects from Origis Energy. Together, the projects represent a total capacity of 8.6 megawatts (MW) and are already delivering clean, reliable electricity to a local utility under long-term power purchase agreements (PPAs). This acquisition marks another milestone in Altus Power’s ongoing effort to provide scalable, sustainable energy solutions while generating tangible economic and environmental benefits for the communities it serves.
Dan Griffin, Co-Head of Investment & Structured Finance at Altus Power, highlighted the significance of the transaction, stating, “We’ve built a strong reputation for execution and responsible stewardship of the projects we acquire. This acquisition from Origis, one of our trusted partners, reflects that commitment as we expand our nationwide footprint, delivering incremental power where it’s needed most. Our team remains focused on disciplined investments aligned with our strategy, ensuring we deliver value to our partners, customers, and the communities we serve.”
The newly acquired projects are fully operational and were chosen not only for their robust performance metrics but also for their alignment with Altus Power’s mission to grow its clean energy presence in strategic markets. Florida, known for its abundant solar resources and growing energy demand, represents a key region for the company’s expansion plans. By adding these 8.6 MW of operational solar capacity to its portfolio, Altus Power strengthens its position as a leading solar energy provider in the Southeast while enhancing the resilience and sustainability of the local energy infrastructure.
Strategic Growth and Community Impact
Altus Power has consistently emphasized that its projects go beyond megawatts, focusing on delivering measurable benefits to communities. The company’s investment philosophy balances financial performance with environmental stewardship and social responsibility. The Florida projects acquired from Origis Energy serve as a clear example of this approach: they not only provide clean energy to the local grid but also contribute to local economic growth by creating jobs, supporting utility operations, and promoting sustainability initiatives in the region.
The acquisition reinforces Altus Power’s commitment to long-term, disciplined investments in renewable energy assets. By acquiring operational projects, the company mitigates construction risks and ensures immediate contributions to energy generation, further solidifying its reputation as a reliable partner in the clean energy transition. These projects, fully integrated into the local utility system, exemplify how Altus Power leverages strategic acquisitions to scale efficiently while maintaining a strong focus on operational excellence and asset performance.
Partnership with Origis Energy
Origis Energy, a recognized developer and operator of solar assets across the U.S., has been a key partner in this transaction. Their shared focus on quality, sustainability, and operational integrity facilitated a smooth transfer of ownership, allowing Altus Power to quickly integrate the projects into its portfolio. The collaboration underscores the importance of strategic partnerships in accelerating the deployment of clean energy solutions while maintaining high standards of project performance and reliability.
“This acquisition is a testament to the strong working relationship we have cultivated with Origis Energy over the years,” Griffin noted. “We value partnerships that align with our mission and allow us to expand our footprint responsibly. By working together, we can bring more clean energy online faster and more efficiently, benefiting the environment and the communities we serve.”
Florida: A Growing Solar Market
Florida’s solar energy market has seen rapid growth in recent years, driven by favorable policy frameworks, abundant sunshine, and increasing demand for clean electricity. The state has become a strategic focus for renewable energy developers and investors seeking to capitalize on its high solar potential and growing interest in sustainability initiatives. Altus Power’s acquisition aligns with this trend, positioning the company to contribute meaningfully to Florida’s clean energy goals while reinforcing its broader national strategy of building a diverse portfolio of solar assets.
The addition of these operational projects allows Altus Power to provide immediate, tangible benefits in the form of clean energy generation. By supplying power under long-term PPAs, the company ensures stable revenue streams and predictable performance, which are essential for maintaining investor confidence and supporting ongoing expansion efforts. These projects also contribute to Florida’s energy diversification, reducing reliance on fossil fuels and enhancing grid reliability, particularly during periods of high demand.
Building a National Footprint
This acquisition represents just one step in Altus Power’s broader mission to establish a robust national footprint in commercial-scale solar energy. The company continues to identify and acquire projects that align with its strategic priorities, emphasizing operational performance, community impact, and environmental sustainability. By growing its portfolio in key markets like Florida, Altus Power is not only increasing the overall capacity of its renewable energy assets but also reinforcing its role as a trusted partner for utilities, investors, and communities seeking reliable, clean energy solutions.
Altus Power’s approach demonstrates that solar development can deliver multiple layers of value. Beyond generating electricity, the company’s projects create local employment opportunities, contribute to economic growth, and provide a cleaner, more resilient energy infrastructure for future generations. The company’s emphasis on operational excellence, combined with its strategic acquisition strategy, ensures that every project adds meaningful impact and supports long-term sustainability goals.
