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AMPS – Altus Power Inc

Not Compliant

Altus Power Inc is not Shariah Compliant because it fails the financial ratios.

Altus Power, Inc. is an independent commercial-scale provider of clean electric power serving commercial, industrial, public sector and community solar customers with end-to-end solutions. The Company originates, develops, owns and operates locally sited solar generation, energy storage and charging infrastructure across the nation. It is a developer, owner and operator of roof, ground and carport-based photovoltaic (PV) and energy storage systems, serving commercial and industrial, public sector and community solar customers. Its portfolio consists of approximately 682.4 megawatts (MW) of solar PV. It has long-term power purchase agreements with approximately 300 commercial and industrial (C&I) entities and contracts with approximately 20,000 residential customers, which are serviced by approximately 160 MW of community solar projects in operation. It also has approximately 84 MWs of commercial-scale solar arrays. Its community solar projects are servicing customers in five states.

AAOIFI ✗

Debt ÷ Market cap (MC)168.49
Non-Compliant Assets ÷ MC0.07