Exclusive-TPG in talks to acquire solar firm Altus Power, sources say

Buyout firm TPG's climate investment arm is in talks to acquire Altus Power, a provider of solar power to commercial property owners and residential homes, people familiar with the matter told Reuters on Monday. If the talks between TPG Rise Climate and Altus are successful, a deal could be signed in the coming weeks, the sources said, requesting anonymity as the discussions are confidential. The transaction is yet to be finalized, the sources cautioned, adding that another suitor could also approach Altus and it's possible that no deal with any party is reached.