Arco Resources Corp.

Altius Renewable Royalties Corporation (“ARR”) (TSX:ARR, OTCQX: ATRWF) is pleased to announce that its jointly controlled subsidiary, Great Bay Renewables LLC (“Great Bay”), has entered into a follow-on transaction with its development partner, Nova Clean Energy, LLC (“Nova”) to provide a US$40 million secured term loan facility (“the Loan”). As part of the Loan, Great Bay will receive up to 500 MW of additional royalties on Nova’s pipeline of projects, depending on the amount drawn as projects are commercialized by Nova. This is...

Altius Renewable Royalties Corp. (TSX: ARR) (OTCQX: ATRWF) (“ARR”, the “Company”, or the “Corporation”), expects to report Q2 2024 proportionate royalty revenue of $1.5 million including $0.5 million of investment income associated with various interconnection and loan agreements. This compares to $1.0 million of proportionate royalty revenue reported in Q2 2023. Great Bay Renewables (50% owned with certain funds managed by affiliates of Apollo Global Management Inc.) continued to recognize revenue from 11 operating royalties during the quarter. Q...

Altius Renewable Royalties Corporation (“ARR”) (TSX:ARR, OTCQX: ATRWF) is pleased to announce that its jointly controlled subsidiary, Great Bay Renewables LLC (“Great Bay”), has entered into a transaction with U.S. renewable energy developer, Nokomis Energy, LLC (“Nokomis”), to gain future royalties related to Nokomis’s portfolio of solar development projects. Great Bay is jointly controlled by Altius Renewable Royalties Corporation and certain Apollo-managed funds (“Apollo”). Nokomis, based in Minneapolis, Minnesota, is committ...