Founded in 2017, ARR grew quickly and listed on the Toronto Stock Exchange in February 2021. ARR is a renewable energy royalty company with a diversified portfolio of utility scale wind and solar energy royalties. The royalties are long-term ongoing payments paid to ARR, calculated as a percentage of gross revenue. Our royalty structure allows us to capture potential future value from battery storage, project life extensions and project expansions at no additional cost.
Nov 2024 Notice of Meeting and Management Information Circular Virtual Meeting Guide
Proxy
Letter of Transmittal
St John’s, NL (December 3, 2021) – Altius Renewable Royalties (TSX:ARR) (OTCQX: ATRWF) (“ARR”) is pleased to provide updated information concerning the recent creation of a developer financing-based 2.5% gross revenue royalty in favor of its joint venture subsidiary, Great Bay Renewables (“GBR”), that ARR disclosed in its Q3 results press release issued on November 8, 2021. JERA Co. Inc. has announced that its subsidiary, JERA Renewables NA, LLC, has acquired the 300 MW El Sauz wind project in Texas and that it expects to begin construction in early 2022 with operations expected to start in the last quarter of the year. GBR is a joint venture company of ARR and funds managed by affiliates of Apollo Global Management, Inc. (NYSE: APO) (“Apollo Funds”).
About ARR
ARR is a recently formed renewable energy company whose business is to provide long-term, royalty level investment capital to renewable power developers, operators, and originators through its joint venture Great Bay Renewables. The Company combines industry expertise with innovative, partner-focused solutions to further the growth of the renewable energy sector as it fulfills its critical role in enabling the global energy transition.
For further information, please contact:
Flora Wood
Email:[email protected]
Tel: 1.877.576.2209
Direct: +1(416)346.9020
Ben Lewis
Email:[email protected]
Tel: 1.877.576.2209
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Altius Renewable Royalties
2nd Floor. 38 Duffy Place
St. John's, NL A1B 4M5
[email protected]
