Bullboard - Stock Discussion Forum 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... see more

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

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Post by Betteryear2 on Aug 03, 2021 7:54am

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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Comment by GoldenPandaBear on Aug 03, 2021 12:12pm

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

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Altius Renewable Royalties Corp