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TPG Rise Climate in talks to acquire Altus Power

TPG Rise Climate, the climate investment arm of TPG, is in discussions to acquire US-based solar developer Altus Power, according to Reuters sources.  The deal, which could be formalized in the coming weeks, is not yet finalized, and there is still a possibility of no transaction occurring. Altus Power, a leading clean energy provider for both commercial and residential properties, manages one of the largest portfolios of commercial-scale solar plants in the US.  The company…