US based Altus Power has announced the acquisition of a 234 MW portfolio of solar generation and storage assets from Greenbacker, comprising more than 100 sites across 18 states. The portfolio included long-term contracts with investment-grade customers, including a global e-commerce and logistics company, a regional university and major utilities. The transaction ranked among the largest distributed generation asset purchases in recent years and expanded Altus Power’s operating footprint to 30 states and the District of Columbia. Following the acquisition, Altus Power’s owned and operated commercial and community solar capacity increased to more than 1.3 GW nationwide. Winston & Strawn LLP served as legal counsel to Altus Power on the transaction.