Altius Renewable Royalties announces new US$30MM debt financing for U.S. distributed solar generation developer with Nokomis Energy LLC
Amount Raised
$30 Million
Round Type
Debt Financing
Saint John'sEnergyRenewable EnergyBiomass EnergyInvestors
Description
Altius Renewable Royalties Corporation has announced a new $30 million debt financing for U.S. renewable energy developer, Nokomis Energy LLC. The investment will be made in tranches as Nokomis achieves project advancement milestones, and it will provide Great Bay Renewables LLC with gross revenue royalty agreements on each project until a target minimum return is achieved.
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.
- Type One Energy raised $82M (Seed) on July 30, 2024.
- BluPine Energy raised $29M (Funding Round) on July 29, 2024.
- ClearSky Global raised $168M (Funding Round) on June 26, 2024.
- Swift Solar raised $27M (Series A) on June 12, 2024.
- Gesa Credit Union raised $20M on May 29, 2024.
- Aeromine Technologies raised $9M (Series A) on May 20, 2024.
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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