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Altius Renewable Royalties raised $30M in a royalty investment led by Great Bay Renewables and certain Apollo-managed funds to support Apex Clean Energy's 195 MWac Angelo Solar project in Texas.

PRIVATEFeb 29, 2024

Amount Raised

$30 Million

Round Type

Angel

Saint John'sEnergyRenewable EnergyBiomass Energy

Investors

Apollo Managed FundsGreat Bay Renewables

Description

Altius Renewable Royalties (ARR) reports a $30 million royalty investment with Apex Clean Energy related to Apex’s 195 MWac Angelo Solar project in Texas. The investment has been funded on an equal basis by Great Bay Renewables and certain Apollo-managed funds.

Quick answer

Altius Renewable Royalties Corporation raised $30 Million in a Angel round, dated February 29, 2024. Investors: Apollo Managed Funds and Great Bay Renewables. 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 $30 Million in a Angel round on February 29, 2024.
Who invested in Altius Renewable Royalties Corporation?
Apollo Managed Funds and Great Bay Renewables are named as investors in this round.
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.

  • ReNew Sun Bright Private Limited raised $3.2M (Seed) on April 11, 2024.
  • Polar Night Energy raised $8.2M (Seed) on April 4, 2024.
  • Lightyears Solar raised $6M (Funding Round) on March 26, 2024.
  • MyGug raised $973K (Seed) on March 25, 2024.
  • e-peas raised $19M (Funding Round) on March 20, 2024.
  • Greenalia raised $200M (Funding Round) on March 19, 2024.

Who to call at Altius Renewable Royalties Corporation, and when

A new round usually means Altius Renewable Royalties Corporation is about to hire and buy. The teams that reach out first get the meeting.

  • 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
  • Who you already know at Altius Renewable Royalties Corporation, from your own LinkedIn network

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Company Information

Company

Altius Renewable Royalties Corporation

Location

Saint John's, Newfoundland and Labrador, Canada

About

Altius Renewable Royalties Corporation (“ARR”) (TSX:ARR, OTCQX: ATRWF) is a renewable royalties company based in St. John’s, Newfoundland.

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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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