Sprott Focus Trust, Inc. (Nasdaq-FUND) Declares Fourth Quarter Common Stock Distribution of $0.2161 Per Share
Trump aims to appoint son-in-law’s father as US ambassador to FranceBuyout firm TPG's climate investment division is in talks to acquire Altus Power, an American provider of solar energy to commercial and residential markets, sources told Reuters. The discussions, which remain confidential, could result in a deal being finalized in the coming weeks, though there is a possibility that negotiations could fall through. Shares of Altus Power skyrocketed more than 23% following the news before settling, giving the company an estimated market valuation of $650 million; the firm's debt at the end of September was around $1.1 billion. Altus, one of the largest holders of commercial-scale solar plants in the U.S., had announced in October it was considering various strategic options, including a sale. Founded in 2009, Altus Power operates large-scale solar installations and provides energy storage and charging services, currently generating about 1 gigawatt of power. The increased demand for renewable energy solutions makes Altus an attractive target for infrastructure investors like TPG, which manages $19 billion in assets focused on driving social and environmental impact. (With inputs from agencies.)Green and Jamiel score long TDs and Lehigh rallies to defeat Richmond 20-16 in FCS playoff opener
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