Altus Power Inc., a leading provider of commercial-scale clean electric power, has joined forces with Brightcore Energy, an end-to-end clean energy solutions provider, to undertake an exciting solar project in collaboration with global financial services firm, Morgan Stanley. This installation will be located on the parking structure of Morgan Stanley’s campus in Purchase, New York, marking a significant step towards sustainable energy practices and supporting local communities.

Partnership for a Sustainable Future:
Altus Power and Brightcore Energy’s partnership with Morgan Stanley represents a shared commitment to embrace clean energy and reduce environmental impact. Both Altus Power and Brightcore Energy bring valuable expertise to the project, which promises to further Morgan Stanley’s operational sustainability goals while contributing to the local community’s access to clean, electric power.

Benefits for Morgan Stanley and the Local Community:
The solar array will be a 2.7 MW (megawatt) installation strategically placed on parking canopies at Morgan Stanley Wealth Management’s campus. Morgan Stanley will have the distinct advantage of accessing 40% of the discounted, clean electric power generated from this project. This not only aligns with their sustainability goals but also positions them as a driving force in fostering a greener environment.

Furthermore, the remaining benefits from this solar array will be made available to the local community. This inclusive approach ensures that individuals from various income brackets, including homeowners and renters, can enjoy the advantages of clean energy and reduced power bills, all without requiring rooftop space or home-installation of solar panels.

Altus Power’s Commitment to Community Solar:
With a focus on community solar, Altus Power is already serving over 20,000 subscribers across the United States. Through this innovative model, homeowners and renters, regardless of their income level, can access the benefits of clean energy without the logistical challenges associated with rooftop solar installations. Altus Power’s mission is not only to promote sustainable practices but also to empower communities by offering cost-effective, clean energy solutions.

Disclaimer: The information provided in this research report is for informational purposes only and should not be interpreted as financial or investment advice. The energy market is highly volatile, and readers should conduct thorough research before making any investment decisions.