Altius Renewable Royalties Announces Additional Us$20 Million Royalty Financing To Apex Clean Energy
Amount Raised
$20 Million
Round Type
Funding Round
Saint John'sEnergyRenewable EnergyBiomass EnergyDescription
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 closed a follow-on royalty investment of US$20 million with Apex Clean Energy (“Apex”) related to Apex’s broad portfolio of wind, solar and energy storage development projects located across North America. Great Bay provided an initial US$35 million in royalty financing to Apex in March 2020, with agreed mutual options for additional funding.
Quick answer
Altius Renewable Royalties Corporation raised $20 Million in a Funding Round round, dated July 21, 2021. 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 $20 Million in a Funding Round round on July 21, 2021.
- 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.
- Energy Vault raised $100M (Series C) on August 25, 2021.
- LRE raised an undisclosed amount (Funding Round) on July 8, 2021.
- Priority Power raised an undisclosed amount on September 1, 2021.
- Aira raised $7.8M on August 31, 2021.
- Powur, PBC raised $3.7M (Seed) on August 25, 2021.
- Nexamp raised $680M on August 24, 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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