Altus Power Appoints Julia Sears as Chief Digital Officer

Altus Power, Inc. announced the appointment of Julia Sears as its Chief Digital Officer.

Altus Power previously announced an agreement for a business combination with CBRE Acquisition Holdings, Inc. (NYSE: CBAH), which is expected to result in Altus Power becoming a public company listed on the New York Stock Exchange. CBAH is a special-purpose acquisition company sponsored by CBRE Group, Inc (‘CBRE”). The transaction is expected to close in Q4 2021.

Sears will join the leadership team and oversee the Company’s technology strategy, including partnering with CBRE’s and Blackstone’s digital and data science groups, to ensure the Company provides a best-in-class digital journey across mobile and online platforms, leveraging data and experience to serve the Company’s growing client base across the United States. With over 20 years of experience across all facets of software development, data analytics, and technology, Sears is a proven professional who will be an integral member of the Altus management team and will drive digital and data strategies in support of customer acquisition and customer service at the rapidly growing clean electrification company. The appointment of Sears as Chief Digital Officer rounds out the Company’s recent executive team hires, including Melissa Boulan as its Chief People Officer and Sophia Lee as its Chief Legal Officer, as the Company moves into its next growth phase.

“At Altus, we are extremely focused on providing a seamless end-to-end service for our customers and our digital platform is a critical part of our growth plans,” said Altus Co-Founder and Co-CEO, Lars Norell. “We welcome Julia to our team and are excited to partner with her as she leads the digital strategy at Altus,” added Mr. Norell.

Sears began her career as a technologist at NASDAQ and held software development and technology roles of increasing responsibility over 15 years, creating and patenting digital, scalable solutions for the global exchange for trading, indexes and corporate solutions using Amazon Cloud Solutions. Sears later joined TIAA and spent seven years there, where she led the firm’s B2B/B2C Digital Technology and User Experience (UX).  In this role she was responsible for technology delivery for 16,000 institutions six million participants. Her scope of responsibilities included UX, mobile, online, cyber and data strategy delivery leveraging agile. Sears played a key role in TIAA’s digital transformation, leveraging technology to increase speed and value and providing a better customer experience. Sears also created behavioral changes in client thinking and launched a labs division that fast tracked micro applications for risk, peer benchmarking and visualizations to engage clients in their future finances.

“I look forward to collaborating with the exceptional leadership team at Altus and enhancing Altus’ integrated technology platform, emerging technologies and advanced analytics. I am thrilled to create digital applications for our traditional commercial, industrial, and public clients as well as for Altus’ B2C community solar clients and to generate innovative digital solutions for Altus’ products and services in energy generation, energy storage, EV charging, and demand and supply chain management. In this day and age, there is nothing more powerful than ensuring clean energy access for years to come.”

Sears will report to Lars Norell, Co-Founder and Co-CEO and Gregg Felton, Co-Founder and Co-CEO.

About Altus Power

Altus Power, based in Stamford, Connecticut, is creating a clean electrification ecosystem, serving its commercial, public sector and community solar customers with locally-sited solar generation, energy storage, and EV-charging stations across the U.S. Since its founding in 2009, Altus Power has developed or acquired over 340 megawatts from Vermont to Hawaii. Visit altuspower.com to learn more.

About CBRE Acquisition Holdings, Inc.

CBRE Acquisition Holdings, Inc. (“CBAH”) is a blank-check company formed solely for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. CBAH is sponsored by CBRE Acquisition Sponsor, LLC, which is a subsidiary of CBRE Group, Inc.