{
  "docId": "019de516-d60c-77a9-9b80-132d3bafd452",
  "docSlug": "bf0826355ae6f38edb25e718c5311f79",
  "documentTitle": "Altus Power | Investor Presentation Deck | 21 slides",
  "authorId": "altus-power",
  "authorName": "Altus Power",
  "documentKindSlug": "pitchdeck",
  "documentKindLabel": "Pitch deck",
  "sourceTypeSlug": "investor_relations",
  "sourceTypeLabel": "Investor relations",
  "presentationDate": "2023-10-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.7777778,
  "pageNumber": 9,
  "pageCount": 21,
  "prevPage": 8,
  "nextPage": 10,
  "slideType": "business_model",
  "function": "plan_implementation",
  "density": "overcrowded",
  "nDataPoints": 10,
  "notes": null,
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de516-d60c-77a9-9b80-132d3bafd452/9",
  "deckHref": "/decks/019de516-d60c-77a9-9b80-132d3bafd452",
  "deckJsonHref": "/decks/019de516-d60c-77a9-9b80-132d3bafd452.json",
  "deckAnchorHref": "/decks/019de516-d60c-77a9-9b80-132d3bafd452#slide-9",
  "components": [
    {
      "bbox": {
        "h": 0.38,
        "w": 0.63,
        "x": 0.04,
        "y": 0.12
      },
      "kind": "chart",
      "text": "Focus on Cash Generation\nAdjusted EBITDA ($MM)¹\nCash from Operations ($MM)²\n$22 $5 2019\n$26 $12 2020\n$41 $24 2021\n$59 $35 2022\n$100 2023E",
      "attrs": {
        "chart_type": "stacked bar",
        "series_names": [
          "Adjusted EBITDA ($MM)",
          "Cash from Operations ($MM)"
        ],
        "x_axis_labels": [
          "2019",
          "2020",
          "2021",
          "2022",
          "2023E"
        ],
        "y_axis_labels": []
      },
      "subkind": "bar-vertical",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "719afd80-dc4a-4adc-ab11-810dc6b55a97",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.75,
        "w": 0.24,
        "x": 0.73,
        "y": 0.13
      },
      "kind": "diagram",
      "text": "Target Funding of Development Asset\nBX Funding Facility\n60-70% of Asset Cost\nTax Equity*\n30% of Asset Cost\nCash\n0-10% of Asset Cost\nNo Common Equity Issuance Expected For 2023 Growth Plan",
      "attrs": {
        "diagram_name": "Funding Stack"
      },
      "subkind": "process",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "3fbc537f-6e3f-47b8-ba90-3a0ed6488b80",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.13,
        "x": 0.84,
        "y": 0.04
      },
      "kind": "image",
      "text": "ALTUSPOWER\nRENEWABLE ENERGY",
      "attrs": {},
      "subkind": "logo",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "b69c5bbf-1711-483d-9a5a-04edd817b0d0",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.12,
        "w": 0.23,
        "x": 0.04,
        "y": 0.72
      },
      "kind": "list",
      "text": "First Investment Grade Rated Commercial Solar Facility\nLong-Dated Maturity\nFixed Rate + Non-Recourse to Company",
      "attrs": {},
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "1c720a3c-708d-41b2-bca6-740be4375a58",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.09,
        "w": 0.23,
        "x": 0.47,
        "y": 0.72
      },
      "kind": "list",
      "text": "Up to $200 MM available\nAvailable for general corporate purposes, including purchase of system components",
      "attrs": {},
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "6aa0c611-61d2-43db-9910-6d13e9ac7a65",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.09,
        "w": 0.23,
        "x": 0.28,
        "y": 0.72
      },
      "kind": "list",
      "text": "Investment Tax Credit (ITC) widely available for 30% of new asset costs\nExpect additional funding from ITC adders",
      "attrs": {},
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "ace611db-4af5-4361-acc1-d812bf7d292e",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.01,
        "w": 0.11,
        "x": 0.03,
        "y": 0.91
      },
      "kind": "source-note",
      "text": "*For development projects",
      "attrs": {
        "numbered": true
      },
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "5b093602-6e42-405b-b473-479752346e98",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.02,
        "w": 0.72,
        "x": 0.03,
        "y": 0.93
      },
      "kind": "source-note",
      "text": "1 Adjusted EBITDA and Adjusted EBITDA Margin are non-GAAP financial measures. Please see Financial Statements in the Appendix for a reconciliation to the most directly comparable GAAP measures",
      "attrs": {
        "numbered": true
      },
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "7fe3719a-e575-41d7-b19e-42c17618ea50",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.02,
        "w": 0.69,
        "x": 0.03,
        "y": 0.95
      },
      "kind": "source-note",
      "text": "2 \"Net cash provided by operating activities\" as shown in the company's \"Consolidated Statement of Cash Flows\" in SEC filings",
      "attrs": {
        "numbered": true
      },
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "fae4fcf4-e2e1-4d44-8836-117ac898dc81",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.54,
        "x": 0.03,
        "y": 0.04
      },
      "kind": "title",
      "text": "Cash Generation Reinvested Into Additional Growth",
      "attrs": {},
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "4f01fb65-87fb-4d7f-84c6-39ea153b8907",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 9,
      "from": 9,
      "beatId": "5a27b5d5-7db6-401c-af30-2c5c7405a038",
      "arcName": "The Sequoia Pitch",
      "arcSlug": "sequoia-pitch",
      "beatName": "Business Model",
      "beatSlug": "sequoia-pitch-business-model",
      "evidence": "The deck explains the company's cash generation and reinvestment strategy.",
      "position": 2,
      "confidence": 0.8,
      "parentBeatName": "Evidence",
      "parentBeatSlug": "evidence"
    }
  ],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}