Renewable energy firm Altus Power is introducing its community solar partnership program to Blackstone and CBRE employees across the Northeast region of the U.S.
Blackstone is a New York-based global private equity investment management company, while CBRE is a Texas-based commercial real estate services and investment firm.
According to Altus, the program will allow employees of both firms to subscribe to the benefits of clean electricity produced from solar arrays owned and run by it.
By enrolling in the program, employees will be able to save on their monthly utility bills and endorse the adoption of renewable energy by getting a discount on the power they consume, it adds.
“We are excited to offer our community solar partnership program to Blackstone and CBRE employees as an easy way for them to go green and save money,” said Daniella Gray, Head of Customer Relations at Altus Power. “This program is an attractive employee perk and we expect other employers will be interested in offering it as part of their benefit plans.”
The program is now active in New York City and Westchester County, where CBRE and Blackstone employees have been selected to participate in the program, receiving credits on their electricity bills driven by energy produced from Altus’ Zerega community solar project. The clean energy is generated locally on the rooftop of a self-storage facility in the Bronx, New York.
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“It’s great to have another avenue to partner with Altus Power,” said Alison Caplan, Chief People Officer, CBRE. “Offering the opportunity to subscribe to community solar differentiates CBRE’s benefits program and will help our people – whether they own or rent their homes – benefit from clean energy without costly equipment installation.”
CBRE and Altus plan to expand the program to employees in New Jersey, Hawaii and Maryland where Altus is developing more solar assets. The program could also be expanded to Illinois, Minnesota and Massachusetts where it already has assets serving community solar customers.
Based in Stamford, Connecticut, Altus Power is a commercial-scale clean electrification company serving commercial, industrial, public sector and community solar customers with an end-to-end solution. It originates, develops, owns and operates locally-sited solar generation, energy storage and charging infrastructure across the nation.