Altus Power Purchases Solar System in Fresno, CA

OCSD

(Greenwich, CT) – Altus Power Management is pleased to announce the purchase of a solar system at Orange Center Elementary School in Fresno, California. The 90 kW ground mount system will offset an estimated 60 percent of the school’s electricity usage and significantly reduce their carbon footprint over the term of the 20-year Power Purchase Agreement (PPA).

Altus Power finances, owns and operates the system, which was installed by Xnergy – a California-based clean energy installation company. Construction on the project was completed on April 3, 2013. The 378 panel system will generate approximately 144,000 kilowatt hours of electricity per year, saving CO2 emissions equivalent of 7,300 gallons of gasoline annually.

California continues to be an attractive place to build solar systems. With many clear sunny days and high power prices, schools such as Orange Center.

Elementary schools are recognizing solar is a great option to reduce their reliance on fossil fuels, while saving money on their power bills. “Altus Power is proud to form a long-term partnership with the school as they move towards renewable energy. Furthermore, we are excited to expand our portfolio of solar assets to the West Coast with the addition of this solar system,” says Dustin Weber, an Altus representative.

About Altus Power Management

Altus Power Management, LLC is an Old Greenwich, CT-based company that invests in, owns and operates 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.

About Orange Center Elementary School

Orange Center Elementary School is a well-regarded Kindergarten through 8th Grade school located in Fresno, CA. The school was founded in 1881 and has a current enrollment of 327 students. Their mission is to strive to develop productive citizens who have a general knowledge and appreciation for the world around them.