Altus Power Acquires 105 MW DC Solar Project Portfolio Under Development from Cordelio Power
2026-01-19 16:00
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Wedoany.com News, Recently, Altus Power announced its acquisition of a 105 MW (DC) solar project portfolio under development from Cordelio Power.
This acquisition involves four ground-mounted solar projects located in New York State, all of which have secured 20-year Renewable Energy Standard (RES) contracts with the New York State Energy Research and Development Authority (NYSERDA), ensuring a long-term, stable revenue stream.
Currently, the company owns and operates a total of approximately 265 MW across 65 projects in New York State, having invested hundreds of millions of dollars in the state. Altus Power owns and operates over 1.3 GW of commercial-scale assets across more than 600 projects in 30 states and the District of Columbia nationwide.
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