December 19, 2022

Milbank Advises Arrangers in Revolving Credit Facility for Solar Company Altus Power

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Milbank LLP represented the joint lead arrangers and joint bookrunners in connection with a $200 million revolving credit facility for APA Generation, LLC, a subsidiary of Altus Power, Inc. (“Altus Power”) (NYSE: AMPS).

Altus Power is a commercial and industrial solar energy developer that supports customers across 22 states in the US. The revolving credit facility will provide Altus Power with additional flexibility to pursue various growth initiatives and development activities. 

The Milbank team was led by New York-based Project, Energy and Infrastructure Finance partner William Bice and Global Leveraged Finance partner Benjamin Sayagh along with associates Rhys Howard, Edward McCartney, Wendy Becker and Emily Southwick.