Altus Power falls, enters $200 mln stock sale agreement

Altus Power

10/04/2023 16:46

** Shares of solar utilities firm Altus Power Inc  AMPS.N 
fall 4.2% to $4.88 - an almost one-year low
    ** AMPS entered into a controlled equity offering sales
agreement on Thursday, according to an SEC filing
    ** Co may offer and sell up to $200 mln of shares of class A
common stock pursuant to the sales agreement
    ** Including session's loss, stock down 26% so far this year

 (Reporting by Arshreet Singh in Bengaluru)
 ((Arshreet.Singh@thomsonreuters.com))