Mission Statement, Vision, & Core Values of Altus Power, Inc. (AMPS)

Have you ever wondered what drives a company committed to providing clean, electric power? For Altus Power, a leading commercial-scale provider, it's all about their mission, vision, and core values. But how do these guiding principles translate into real-world impact, especially when they achieved $196.3 million in revenue for the full year 2024, marking a 26% increase compared to 2023?

With a mission to create a clean electrification ecosystem and drive the clean energy transition, Altus Power aims to meet corporate ESG targets. But what exactly does this mean for their day-to-day operations and long-term goals? And how do their core values, such as sustainability leadership and innovation, play into their strategic decisions, especially as they surpassed 1 GW in operating assets in 2024?

Let's dive into the core of Altus Power to understand what makes them tick and how they plan to lead the charge in the renewable energy sector, especially as they move towards being acquired by TPG, in a deal valuing the company at approximately $2.2 billion.

Altus Power, Inc. (AMPS) An Overview of

Altus Power, Inc. (AMPS) is making strides in the clean energy sector. Founded in 2009, the company specializes in generating clean electricity from on-site solar generation and is a leader in the U.S. commercial solar market. Altus Power serves commercial, industrial, public sector and community solar customers with an aim to accelerate the transition to clean energy. As of April 2025, Altus Power continues to expand its reach, providing sustainable energy solutions across the nation.

In 2024, Altus Power reported significant financial achievements. The company generated record revenue of $163.9 million, marking a 43% increase compared to the previous year. This growth was primarily driven by a substantial rise in operating leases and power purchase agreements (PPAs), which contributed $154.9 million to the total revenue. Furthermore, Altus Power saw its operating revenues from the sale of Renewable Energy Credits (RECs) increase to $9.0 million. These figures underscore the company's strong performance and growing market presence in the renewable energy sector.

Altus Power stands out as a leader in the renewable energy sector. Here's why:

• National Reach: Operates solar generation facilities across the U.S., serving diverse customer base.
• Focus on Sustainability: Committed to accelerating the transition to clean energy.
• Innovative Solutions: Provides tailored on-site solar generation for commercial, industrial, public sector and community solar clients.

Want to understand why Altus Power is successful? Find out more here: Exploring Altus Power, Inc. (AMPS) Investor Profile: Who’s Buying and Why?

Altus Power, Inc. (AMPS) Mission Statement

Altus Power, Inc. (NYSE: AMPS), headquartered in Stamford, Connecticut, is a clean electrification company focused on providing sustainable energy solutions to businesses and communities across the United States. The company develops, owns, and operates commercial-scale solar arrays, energy storage systems, and electric vehicle charging infrastructure.

Altus Power's mission is to create a clean electrification ecosystem that provides clean energy to every home, business, and electric vehicle across the world. The company is committed to leading the transition to clean, electric power by delivering sustainable solutions that meet the needs of its customers today and pave the way for a cleaner and more efficient energy landscape tomorrow.

The core components of Altus Power's mission statement are:

• Clean Energy Infrastructure: Altus Power develops and operates clean energy infrastructure, including solar generation and energy storage facilities. As of 2024, the company generated 136 MW of clean energy across 11 states, managing over 500 commercial solar installations.
• Sustainable Energy Solutions: Altus Power provides sustainable energy solutions for commercial and industrial customers, helping them reduce their carbon footprint and transition to a more sustainable future.
• Commercial Solar Strategy: Altus Power targets large commercial and industrial energy consumers, developing customized solar infrastructure solutions to reduce their carbon footprint.

Altus Power aims to advance the shift towards clean energy by providing access to solar solutions nationwide. The company focuses on community impact, completing each project in conjunction with local authorities, with an emphasis on benefiting the surrounding community.

Altus Power's commitment to sustainability is reflected in its efforts to foster a diverse, inclusive, and sustainability-driven corporate culture. In 2023, Altus employees completed over 1500 hours of training, promoting professionalism, excellence, and collaboration.

Altus Power's financial performance in 2023 highlights its success in the clean energy sector:

• Total Revenue: $178.4 million
• Gross Profit: $54.2 million
• Net Income: $12.6 million
• Renewable Energy Portfolio: 517 MW

Altus Power operates across 17 states with a significant presence in commercial solar and energy storage markets, serving diverse industries including retail, manufacturing, healthcare, and logistics. The company has 264 operational solar projects and a total customer base of 473 commercial clients, offsetting 142,000 metric tons of carbon annually.

Altus Power is committed to growing with its customers and continuing to stay ahead of market trends, identifying new and innovative ways to deliver the benefits of solar power to its residential and corporate customers.

To learn more about Altus Power's financial health, you can read this article: Breaking Down Altus Power, Inc. (AMPS) Financial Health: Key Insights for Investors

Altus Power, Inc. (AMPS) Vision Statement

To fully understand Altus Power, Inc. (AMPS), it’s crucial to examine its guiding principles. These principles shape the company's strategic direction and operational practices. Let's delve into the mission statement, vision, and core values that define Altus Power.

Mission Statement

Altus Power's mission is to expedite the transition to clean energy by expanding access to renewable power and accelerating the adoption of solar energy solutions. The company focuses on providing cost-effective, sustainable energy options for commercial, industrial, and public sector clients. In 2024, Altus Power reported significant growth in its operational portfolio, demonstrating its commitment to expanding renewable energy access. They aim to empower businesses and communities through clean energy solutions, reducing carbon footprints and fostering environmental stewardship.

Vision

Altus Power envisions a future where clean energy powers a sustainable world. This involves:

• Leading the clean energy transition: Altus Power aims to be at the forefront of the shift towards renewable energy sources.
• Providing accessible solar solutions: They strive to make solar energy available to a broader range of customers, ensuring that businesses and organizations can benefit from sustainable power.
• Driving environmental and economic benefits: By promoting solar energy, Altus Power seeks to create positive impacts for both the environment and the economy, fostering a greener and more prosperous future.

As of the fiscal year 2024, Altus Power has expanded its solar energy projects across multiple states, reflecting their dedication to leading the clean energy transition. Their financial results from 2024 indicate a strong alignment between their vision and their business outcomes, showcasing their growing influence in the renewable energy sector.

Core Values

Altus Power's core values are the fundamental beliefs that guide its actions and decisions:

• Integrity: Conducting business with the highest ethical standards, ensuring transparency and honesty in all interactions.
• Sustainability: Commitment to environmentally responsible practices, promoting the long-term health of the planet.
• Innovation: Continuously seeking new and improved ways to deliver clean energy solutions, staying ahead in a rapidly evolving industry.
• Customer Focus: Prioritizing customer needs and satisfaction, building strong, lasting relationships through exceptional service.
• Collaboration: Working together with partners, communities, and stakeholders to achieve shared goals in the pursuit of a sustainable future.

These values are embedded in the company's culture and operations. Altus Power’s dedication to sustainability is reflected in its environmental initiatives and the design of its solar energy systems. The emphasis on customer focus is evident in their tailored energy solutions and customer support services. The financial performance of Altus Power in 2024 underscores the importance of these values in driving business success and achieving sustainable growth.

To gain more insights into Altus Power, Inc.'s financial performance and stability, check out this analysis: Breaking Down Altus Power, Inc. (AMPS) Financial Health: Key Insights for Investors

Altus Power, Inc. (AMPS) Core Values of

Altus Power, Inc. (AMPS) operates with a clear mission and vision, underpinned by a set of core values that guide its actions and strategies. These values reflect the company's commitment to sustainability, innovation, and integrity, shaping its approach to providing clean energy solutions and fostering long-term relationships with its stakeholders.

Commitment to Sustainability

Altus Power's commitment to sustainability is central to its mission of delivering cleaner, renewable energy. This value drives the company to minimize environmental impact and promote responsible energy consumption. Altus Power integrates sustainable practices into every aspect of its operations, from project development to energy delivery.

• Focuses on solar energy projects that reduce reliance on fossil fuels.
• Invests in energy storage solutions to enhance grid stability and efficiency.
• Prioritizes the use of recyclable and eco-friendly materials in construction.

Altus Power's dedication to sustainability is evident in its project portfolio, which includes numerous solar installations across the United States. These projects not only generate clean energy but also contribute to local economies by creating jobs and reducing carbon emissions. The company's focus extends beyond immediate environmental benefits to long-term ecological health.

Focus on Innovation

Innovation is a key driver of Altus Power's growth and success in the renewable energy sector. The company continuously seeks new and improved ways to deliver clean energy solutions, leveraging technology and creative problem-solving to stay ahead of industry trends. Innovation at Altus Power encompasses technological advancements, business model improvements, and customer-centric solutions.

• Develops advanced monitoring systems to optimize energy production.
• Implements smart grid technologies to improve energy distribution.
• Explores new applications for renewable energy, such as electric vehicle charging infrastructure.

Altus Power's innovative spirit is reflected in its partnerships with technology companies and research institutions. These collaborations enable the company to integrate cutting-edge solutions into its projects, enhancing performance and reducing costs. By embracing innovation, Altus Power is able to adapt to changing market conditions and meet the evolving needs of its customers.

To get more insights on Altus Power, Inc. (AMPS) financial health, read this article: Breaking Down Altus Power, Inc. (AMPS) Financial Health: Key Insights for Investors

Upholding Integrity

Integrity is a cornerstone of Altus Power's business philosophy, guiding its interactions with customers, partners, and employees. The company is committed to ethical conduct, transparency, and accountability in all its operations. Upholding integrity ensures that Altus Power maintains the trust and confidence of its stakeholders.

• Adheres to the highest standards of corporate governance.
• Ensures transparency in its financial reporting and business practices.
• Fosters a culture of ethical decision-making and compliance.

Altus Power's commitment to integrity is demonstrated through its compliance programs and ethical guidelines. These measures help ensure that all employees understand and adhere to the company's values. By prioritizing integrity, Altus Power builds strong, lasting relationships with its stakeholders and contributes to a more sustainable and responsible energy industry.