Altius Renewable Royalties Announces Us$35 Million Royalty Financing With Longroad Energy
Amount Raised
$35 Million
Round Type
Funding Round
Saint John'sEnergyRenewable EnergyBiomass EnergyDescription
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”).
Who else raised in Energy and Renewable Energy around the same time
Companies in the same sectors as Altius Renewable Royalties Corporation that raised within 45 days of this round, from Fundz verified event records.
- Energy Vault raised $100M (Series C) on August 25, 2021.
- LRE raised an undisclosed amount (Funding Round) on July 8, 2021.
- Silfab Solar raised an undisclosed amount on September 15, 2021.
- Shoals Technologies Group raised $6.5M on September 10, 2021.
- Crayhill Capital Management raised an undisclosed amount (Funding Round) on September 8, 2021.
- Priority Power raised an undisclosed amount on September 1, 2021.
Who to call at Altius Renewable Royalties Corporation, and when
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Altius Renewable Royalties Corporation raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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