(Greenwich, CT) – September 8, 2011 — Altus Power Management announced the signing of a long-term Solar Power Purchase Agreement (PPA ) with the DeMatha Catholic High School in Hyattsville, Maryland. Altus Power will finance solar arrays on the roofs of two separate DeMatha buildings: the Convocation Center and the school’s gym. The project installer, Affordable Solar Works, has received permits and has begun the installation of the 127 kW roof-mounted system. This system will provide clean energy directly to the school at a lower cost than grid-delivered electricity and will help to offset the school’s carbon footprint.
“We are excited to work with an institution with such a long-standing history of achievement as DeMatha,” said Tom Athan, Managing Partner at Altus Power Management, LLC. “We look forward to helping the school lower its electricity costs and become a better environmental steward.”
About Altus Power Management
Altus Power Management, LLC is an Old Greenwich, Connecticut-based company that invests in, owns and manages clean energy projects. Its principals draw on their deep expertise in finance, construction, engineering and design to provide renewable energy and solar solutions to commercial and public sector clients. Visit www.altuspower.com for more information.