RE Royalties Ltd V.RE

Alternate Symbol(s): RROYF

Utilities Utilities - Independent Power Producers

RE Royalties Ltd. is a Canada-based company engaged in renewable energy royalty-based financing. The Company is primarily engaged in the acquisition of revenue-based royalties from renewable energy generation facilities and other clean energy technologies by providing a non-dilutive royalty financing solution to privately held and publicly traded renewable energy generation and development companies and clean energy technology companies. It offers capital in the form of a cash payment or loan, in exchange for a percentage of future revenues from operating projects. Its royalty financing solutions are designed to provide renewable energy operators and developers with the financial flexibility to grow without resorting to dilution, asset sales or restrictive debt covenants. The Company owns over 100 royalties on solar, wind, battery storage, energy efficiency and renewable natural gas projects in Canada, United States, Mexico, and Chile.

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RE Royalties Ltd

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Post by Betteryear2on Oct 04, 2023 5:38pm

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Post# 35669917

Enters into CAD $4.0 M Loan and Royalty Agreement V.RE

All amounts in Canadian dollars unless otherwise stated

VANCOUVER, BC / ACCESSWIRE / October 4, 2023 / RE Royalties Ltd. (TSXV:RE)(OTCQX:RROYF) ("RE Royalties" or the "Company"), a global leader in renewable energy royalty financing, has entered into an agreement with Revolve Acquisition Corp. (the "AcquisitionCo"), a wholly owned subsidiary of Revolve Renewable Power Corp. (TSXV:REVV) ("Revolve"), to provide a CAD $4.0 million secured loan (the "Loan"). Revolve is a North American renewable energy developer with 2.8 GW of wind, solar, and battery projects under development in the USA and Mexico.

RE Royalties Enters into CAD $4.0 Million Loan and Royalty Agreement with Revolve Renewable Power (accesswire.com)