Altus Power, an independent solar power producer, secured an incremental $47 million in debt funding from Blackstone. This total debt will provide long-term fixed-rate financing for 35 megawatts of operating assets in Altus Power’s portfolio. The use of proceeds includes the payoff of the $15.8 million outstanding under the Company’s construction facility, with the remainder as net cash proceeds to be reinvested in the Company’s business.