If the talks between TPG Rise Climate and Altus are successful, a deal could be signed in the coming weeks, said the sources, ...

TPG Rise Climate, the climate investment arm of buyout company TPG, is currently in discussions to acquire US-based solar projects developer Altus Power, Reuters reported, citing unnamed sources.

TPG Rise Climate, to acquire Altus Power (AMPS), a leading provider of solar energy solutions for commercial properties and residential homes. Altus, headquartered in Stamford, Connecticut ...

If the talks between TPG Rise Climate and Altus are successful, a deal could be signed in the coming weeks, the sources said. Shares of Altus Power have jumped over 12% to $4 in afternoon trading.

If the talks between TPG Rise Climate and Altus are successful, a deal could be signed in the coming weeks, said the sources, who requested anonymity as the discussions are confidential.