Altius Renewable Royalties Announces $32.5Mm Investment Into New Global Renewables Development Platform
Description
Altius Renewable Royalties Corp. (TSX: ARR) (“ARR” or the “Company”) is pleased to report that its jointly controlled subsidiary, Great Bay Renewables, LLC (“Great Bay”) has executed agreements to invest a total of US$32.5 million into a new global renewables development platform, Bluestar Energy Capital LLC (“Bluestar”), recently founded and majority-owned by Declan Flanagan, former CEO of Orsted Onshore and Lincoln Clean Energy.
Quick answer
Altius Renewable Royalties Corporation raised an undisclosed amount in a funding round, dated May 4, 2022. Altius Renewable Royalties Corporation is based in Saint John's, Newfoundland and Labrador, Canada.
- How much did Altius Renewable Royalties Corporation raise?
- Altius Renewable Royalties Corporation raised an undisclosed amount in a funding round on May 4, 2022.
- What does Altius Renewable Royalties Corporation do?
- Altius Renewable Royalties Corporation (“ARR”) (TSX:ARR, OTCQX: ATRWF) is a renewable royalties company based in St. John’s, Newfoundland.
- Where is Altius Renewable Royalties Corporation based and how big is it?
- Altius Renewable Royalties Corporation is based in Saint John's, Newfoundland and Labrador, Canada. Fundz records about 3 employees.
Source: Fundz verified event record.
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.
- Eos Energy Enterprises raised $200M (Funding Round) on April 28, 2022.
- Greenbacker raised $76M (Debt Financing) on April 19, 2022.
- Engie raised $800M (Funding Round) on March 31, 2022.
- Redwood Materials raised $154M on June 17, 2022.
- ENERGY FOCUS, INC/DE raised $3.5M (Seed) on June 17, 2022.
- TransAlta raised an undisclosed amount (Series C) on June 16, 2022.
Who to call at Altius Renewable Royalties Corporation, and when
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- An alert the day Altius Renewable Royalties Corporation raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
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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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