Altus Power announced the acquisition of an 8.5 MW solar array in New Jersey. The ground-mounted project generates clean, electric power that will be sold to PJM, the local independent system operator, as well as Solar Renewable Energy Credits (SRECs), and increases the size of the company?s New Jersey portfolio to 185.5 MW in aggregate. The project is expected to produce approximately 8,776,000 kWh in the next 12 months, the equivalent of more than 6,100 metric tons of carbon dioxide avoided annually.

Altus Power?s portfolio across 25 states serves more than 450 enterprises committed to achieving carbon reduction goals, anchored by the company?s distributed solar arrays. In addition, as one of the pioneers of Community Solar, Altus Power serves more than 24,000 Community Solar customers nationwide who benefit from clean energy savings, comprised of homeowners and renters of diverse income brackets.