# EDGAR Filing Document

**Accession Number:** 0001828723
**File Stem:** 0001828723-23-000005
**Filing Date:** 2023-1
**Character Count:** 7308
**Document Hash:** 808f463abea735df5d94213c5f997395
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001828723-23-000005.hdr.sgml**: 20230105

**ACCESSION NUMBER**: 0001828723-23-000005

**CONFORMED SUBMISSION TYPE**: 8-K/A

**PUBLIC DOCUMENT COUNT**: 14

**CONFORMED PERIOD OF REPORT**: 20221223

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20230105

**DATE AS OF CHANGE**: 20230105

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Altus Power, Inc.
- **CENTRAL INDEX KEY:** 0001828723
- **STANDARD INDUSTRIAL CLASSIFICATION:** ELECTRIC SERVICES [4911]
- **IRS NUMBER:** 853448396
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-39798
- **FILM NUMBER:** 23509701

**BUSINESS ADDRESS:**
- **STREET 1:** 2200 ATLANTIC STREET, 6TH FLOOR
- **CITY:** STAMFORD
- **STATE:** CT
- **ZIP:** 06902
- **BUSINESS PHONE:** (203) 698-0090

**MAIL ADDRESS:**
- **STREET 1:** 2200 ATLANTIC STREET, 6TH FLOOR
- **CITY:** STAMFORD
- **STATE:** CT
- **ZIP:** 06902

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** CBRE Acquisition Holdings, Inc.
- **DATE OF NAME CHANGE:** 20201016

?xml version="1.0" ? amps-20221223

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**___________________________________**

**FORM 8-K/A**

**___________________________________**

**CURRENT REPORT**

**Pursuant to Section 13 or 15(d)**

**of the Securities Exchange Act of 1934**

**Date of Report (date of earliest event reported): December 23, 2022**

**___________________________________**

**Altus Power, Inc.**

(Exact name of registrant as specified in its charter)

**___________________________________**

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| | | |
|:---|:---|:---|
| **Delaware**<br>(State or other jurisdiction of <br>incorporation or organization) | **001-39798**<br>(Commission File Number) | **85-3448396**<br>(I.R.S. Employer Identification Number) |
| **2200 Atlantic Street, 6th Floor**<br>**Stamford, CT 06902** | **2200 Atlantic Street, 6th Floor**<br>**Stamford, CT 06902** | **2200 Atlantic Street, 6th Floor**<br>**Stamford, CT 06902** |
| (Address of principal executive offices and zip code) | (Address of principal executive offices and zip code) | (Address of principal executive offices and zip code) |
| **(203) 698-0090** | **(203) 698-0090** | **(203) 698-0090** |
| (Registrant's telephone number, including area code) | (Registrant's telephone number, including area code) | (Registrant's telephone number, including area code) |

---

**___________________________________**

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

---

| | | |
|:---|:---|:---|
| Securities registered pursuant to Section 12(b) of the Act: | Securities registered pursuant to Section 12(b) of the Act: | Securities registered pursuant to Section 12(b) of the Act: |
| <u>Title of each class</u> | <u>Trading Symbol</u> | <u>Name of each exchange on which registered</u> |
| **Class A common stock, par value $0.0001** | **AMPS** | **New York Stock Exchange** |

---

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 12b-2 of the Exchange Act.

Emerging growth company**&nbsp;&nbsp;&nbsp;&nbsp;**☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. **☐**

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**Explanatory Note**

This amendment to Form 8-K is being filed solely to include a press release related to the previously announced financing agreement that was issued on January 5, 2023. Capitalized terms used in in this Form 8-K/A have terms ascribed to them in the Form 8-K.

**Item 9.01 - Financial Statements and Exhibits.**

On January 5, 2023, the Company issued a press release relating to the Financing Agreement. The press release is attached hereto as Exhibit 99.1.

(d) Exhibits

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| | |
|:---|:---|
| <u>Exhibit No.</u> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<u>Description</u> |
| 99.1 | <u>[Press Release dated January 5, 2023.](bankloanrefinancing1423fin.htm)</u>  |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |

---

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**SIGNATURE**

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Dated: January 5, 2023

---

| | |
|:---|:---|
| **Altus Power, Inc.**  | **Altus Power, Inc.**  |
| By: | /s/ Gregg J. Felton |
| Name: | Gregg J. Felton |
| Title: | Co-Chief Executive Officer and Director |

---

## Exhibit 99.1

**Altus Power, Inc. Announces New Financing Agreement To Optimize Recent Acquisition from D.E. Shaw Renewable Investments** 

***New agreement refinances and upsizes assumed DESRI facility up to $141.3 million***

***at an effective fixed rate of 4.885% for five years***

**STAMFORD, CT, January 5, 2023** – Altus Power, Inc. ("Altus Power" or the "Company") (NYSE: AMPS), the premier independent developer, owner and operator of commercial-scale solar facilities, announced that on December 23, 2022, it refinanced and upsized the term loan facility assumed with the recently executed D.E. Shaw Renewable Investments (DESRI) portfolio. The principal amount of the facility was upsized to $141.3 million consisting of a term loan facility for approximately $125.7 million and letters of credit for approximately $15.6 million. The financing agreement includes an interest rate swap which provides for an effective fixed rate of 4.885% for a term of five years.

"This agreement secures long-term financing for our new assets from DESRI at an attractive fixed rate while also increasing the facility size to reflect the contracted cash flow profile of the assets," commented Dustin Weber, CFO of Altus Power. "With the addition of this facility, we continue to demonstrate access to multiple sources of capital."

The lenders for the term loan are KeyBanc Capital Markets Inc., KeyBank National Association, and Huntington National Bank.

**About Altus Power, Inc.**

Altus Power, based in Stamford, Connecticut, is the premier independent commercial-scale clean electrification company serving commercial, industrial, public sector and community solar customers with end-to-end solutions. Altus Power originates, develops, owns and operates locally-sited solar generation, energy storage and charging infrastructure across the nation. Visit <u>www.altuspower.com</u> to learn more.

**Altus Power Contacts:**

Chris Shelton, Head of IR

<u>InvestorRelations@altuspower.com</u>

<br>