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Re Royalties Enters Into Usd $4.6 Million Loan And Fixed Royalty Agreement On Renewable Natural Gas Project In Wisconsin

PRIVATEMar 02, 2022

Amount Raised

$4.6 Million

Round Type

Seed

EnergySustainabilityRenewable EnergySolar

Description

VANCOUVER, BC / March 2, 2022 / RE Royalties Ltd. (TSXV:RE) ("RE Royalties" or the "Company"), a global leader in renewable energy royalty-based financing, has entered into a mezzanine financing agreement with Outagamie Clean Energy Partners ("OCEP"), a Renewable Natural Gas ("RNG") developer to finance the construction of a biogas to RNG upgrading project located in Wisconsin (the "Project").

Quick answer

RE Royalties Ltd raised $4.6 Million in a Seed round, dated March 2, 2022.

How much did RE Royalties Ltd raise?
RE Royalties Ltd raised $4.6 Million in a Seed round on March 2, 2022.
What does RE Royalties Ltd do?
RE Royalties is a growing royalty financing company focused on building a portfolio of long-term, stable, diversified royalties from renewable energy projects.
Who are the decision-makers at RE Royalties Ltd?
Fundz holds 2 contacts at RE Royalties Ltd, including the VP of Communications and Sustainability. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Energy and Sustainability around the same time

Companies in the same sectors as RE Royalties Ltd that raised within 45 days of this round, from Fundz verified event records.

  • Ohmium raised $45M (Series B) on April 14, 2022.
  • Engie raised $800M (Funding Round) on March 31, 2022.
  • LG Energy Solution Ltd raised $1.4B on March 24, 2022.
  • ON Semiconductor Corporation raised an undisclosed amount (Series C) on March 17, 2022.
  • ConnectM Technology Solutions raised $2.1M (Seed) on March 1, 2022.
  • Diversified Energy raised an undisclosed amount (Funding Round) on February 24, 2022.

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Company Information

Company

RE Royalties Ltd

About

RE Royalties is a growing royalty financing company focused on building a portfolio of long-term, stable, diversified royalties from renewable energy projects. Our focus is on partnering with growth-oriented small to medium public and private corporations that have a portfolio of operating and/or construction-ready projects. The royalty financing solutions we provide offer a strong value proposition that is non-dilutive, flexible, and low-cost. For our partners selling a royalty on their operational projects, we help to free up capital which they can then re-deploy into more of their high-return development opportunities.

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Related People

2 contacts
Verified contactsTalia Beckett D., VP of Communications and Sustainability hidden hidden hiddenSee plans and pricing
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RE Royalties Ltd 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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