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SCHEDULE 13D/A 0001834151 XXXXXXXX LIVE 3 Class A Common Stock, par value $0.0001 per share 04/15/2025 false 0001828723 02217A102 Altus Power, Inc. 2200 ATLANTIC STREET, 6TH FLOOR Stamford CT 06902 Chad Doellinger (214) 979-6100 2121 North Pearl Street, Suite 300 Dallas TX 75201 0001834151 N CBRE Acquisition Sponsor, LLC b OO N DE 0 0 0 0 0 N 0 OO Y CBRE Services, Inc. b OO N DE 0 0 0 0 0 N 0 CO Y CBRE Group, Inc. b OO N DE 0 0 0 0 0 N 0 CO Class A Common Stock, par value $0.0001 per share Altus Power, Inc. 2200 ATLANTIC STREET, 6TH FLOOR Stamford CT 06902 This Amendment No. 3 ("Amendment No. 3") to Schedule 13D amends and supplements the initial statement on Schedule 13D filed with the Securities and Exchange Commission on December 20, 2021 (the "Original Schedule 13D", as amended by Amendment No. 1 thereto filed on September 29, 2022 and Amendment No. 2 thereto filed on February 7, 2025, and as amended, the "Schedule 13D"). The Items below amend the information disclosed under the corresponding Items in the Schedule 13D as described below. Capitalized terms used but not defined in this Amendment No. 3 shall have the same meanings ascribed to them in the Schedule 13D. Except as specifically provided herein, this Amendment No. 3 does not modify any of the information previously reported in the Schedule 13D. Item 2(a) of the Schedule 13D is hereby amended and supplemented as follows: The information set forth in Schedule I attached as Exhibit K to this Amendment No. 3 is incorporated herein by reference in this amended Item 2(a) Item 3 of the Schedule 13D is hereby supplemented by adding the following: On February 28, 2025, 7,429 February RSUs, each representing the right to receive one share of Common Stock, vested in accordance with their terms. On March 31, 2025, pursuant to the terms of the Company Certificate, an aggregate of 181,125 shares of Class B common stock held by Sponsor were automatically converted into 1,811 shares of Common Stock. Item 4 of the Schedule 13D is hereby supplemented by adding the following: On April 16, 2025 (the "Closing Date"), pursuant to the Merger Agreement, Merger Sub merged with and into the Issuer with the Issuer continuing as the surviving corporation and a wholly owned subsidiary of Parent. In connection with the Merger and pursuant to the terms of the Company Certificate, on April 15, 2025, each share of Class B common stock then outstanding, including all 543,375 shares of Class B common stock beneficially owned by the Reporting Persons, was automatically converted into 2,885,853 shares of Common Stock in accordance with the terms of the Company Certificate. On the Closing Date, immediately prior to the Effective Time and pursuant to the Merger Agreement, each then-outstanding February RSU and June RSU automatically converted into the right to receive, without interest and subject to any applicable withholding taxes, the product of (a) the aggregate number of shares of Common Stock underlying such award and (b) the Merger Consideration. On the Closing Date, at the Effective Time and pursuant to the Merger Agreement each share of Common Stock beneficially owned by the Reporting Persons (including those shares issued upon conversion of the Class B common stock on April 15, 2025) was automatically canceled and converted into the right to receive the Merger Consideration. At the Effective Time, pursuant to the terms of the Merger Agreement, Robert Bernard, the Class B Director and an employee of an affiliate of the Reporting Persons, ceased serving on the Issuer's board of directors. Items 5(a) - (e) of the Schedule 13D are hereby amended and restated as follows: The information contained in rows 7, 8, 9, 10, 11 and 13 on each of the cover pages of this Schedule 13D and the information set forth or incorporated in Items 3, 4, and 6 are incorporated by reference in its entirety into this Item 5. See Item 5(a) above. Each of the Reporting Persons reports that neither it, nor to its knowledge, any person named in Item 2 of this Schedule 13D, has effected any transactions in Common Stock during the past 60 days, except as disclosed herein. Not applicable. 04/16/2025 Item 6 of the Schedule 13D is hereby supplemented by adding the following: The information set forth in Item 4 of Amendment No. 3 is hereby incorporated by reference into this Item 6. Item 7 of the 13D is hereby supplemented by adding the following: K. Schedule I to Amendment No. 3 - Directors and Executive Officers of CBRE Group, Inc. and CBRE Services, Inc. CBRE Acquisition Sponsor, LLC /s/ Emma E. Giamartino Emma E. Giamartino, Chief Financial Officer of CBRE Services, Inc., sole member of CBRE Acquisition Sponsor, LLC 04/18/2025 CBRE Services, Inc. /s/ Emma E. Giamartino Emma E. Giamartino, Chief Financial Officer of CBRE Services, Inc. 04/18/2025 CBRE Group, Inc. /s/ Emma E. Giamartino Emma E. Giamartino, Chief Financial Officer of CBRE Group, Inc. 04/18/2025