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  "documentTitle": "Altus Power | Investor Presentation Deck | 9 slides",
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  "authorName": "Altus Power",
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  "presentationDate": "2023-04-01 00:00:00",
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      "text": "Balance Sheet Capacity",
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      "kind": "list",
      "text": "2. All outstanding long-term debt is non-recourse to Altus Power, Inc.\nSecuritized by cash flows from our long-term contracted assets",
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      "text": "1. Altus Power's relatively conservative leverage metrics are driven by our long-term contracted cash flows\nOur current lenders primarily focus on debt-service coverage (DSCR) and loan-to-value (LTV)\nAltus Power targets 65-70% LTV when financing assets and portfolios\nBelow 6x Net Debt to Exit PAR¹",
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      "text": "3. Untapped potential access to other sources of capital, including corporate debt or preferred equity as opportunities arise",
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      "text": "1 Using 12/31/22 total long-term debt minus cash divided by Exit PAR. Exit PAR, or the exit portfolio annualized rate, reflects the estimated annual adjusted EBITDA potential of our operating asset base at the end of the year and assumes customary weather, production, expenses and other economic and market conditions. This figure is a non-GAAP measure and only an estimate and is based on a number of assumptions by Altus Power's management that may or may not be realized.",
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