Altius Renewable Royalties Corp T.ARR

US$35 Million Royalty Financing with Longroad Energy

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ST. JOHN’S, Newfoundland--(BUSINESS WIRE)--Altius Renewable Royalties (TSX:ARR) (“ARR”) reports that Great Bay Renewables (“Great Bay”), its subsidiary jointly controlled with funds managed by affiliates of Apollo Global Management (the “Apollo Funds”), has closed a US$35 million royalty investment with Longroad Energy (“Longroad”) related to Longroad’s 331 MWdc (250 MWac) Prospero 2 solar project located in Andrews County, Texas (“Prospero 2”).

https://www.businesswire.com/news/home/20210803005600/en/

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2 Photos of the Longroad Solar Project are at the end of the ARR News on their Website:  https://www.arr.energy/press-releases/altius-renewable-royalties-announces-us-35-million-royalty-financing-with-longroad-energy