Altius Renewable Royalties Corp T.ARR

Alternate Symbol(s): ATRWF

Utilities Utilities - Independent Power Producers

Altius Renewable Royalties Corp is a renewable energy royalty company. The Company is engaged in providing long-term, royalty level investment capital to renewable power developers, operators, and originators. It has 35 renewable energy royalties representing approximately 2.6 gigawatts (GW) of renewable power on operating projects and an additional approximate 5.6 GW on projects in development phase, across several regional power pools in the United States. The Company holds interests in a portfolio of 2,068 megawatts of operational wind, solar, and hydro-electric projects located in Texas, Kansas, California and Vermont. In addition, the Company holds investments in renewable project developers that entitle it to additional royalty interest grants upon project sales to third parties. It also includes royalties from GBR's investments in Bluestar Energy Capital, Hodson Energy and Hexagon Energy. Its royalties include Prospero 2, Old Settler, Cotton Plains, Phantom and others.

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Altius Renewable Royalties Corp > US$35 Million Royalty Financing with Longroad Energy

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Post by Betteryear2on Aug 03, 2021 7:54am

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Post# 33641327

US$35 Million Royalty Financing with Longroad Energy

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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