Re Royalties Announces $1.86 Million Loan To Revolve Renewable Power And Royalty On Energy Storage Projects In Mexico
Amount Raised
$1.86 Million
Round Type
Seed
Description
VANCOUVER, BC / September 15, 2022 / RE Royalties Ltd. (TSXV:RE)(OTCQX:RROYF) ("RE Royalties" or the "Company"), a global leader in renewable energy royalty-based financing, announces that it will provide Revolve Renewable Power Corp. ("Revolve"), a developer of renewable energy projects in North America, a $1.86 Million loan (the "Loan") and royalty facility to support the purchase of battery and inverter equipment for three energy storage projects, totalling 3.2 MWh of capacity, currently under development in Punta Cancun, Mexico (the "Projects").
Quick answer
RE Royalties Ltd raised $1.86 Million in a Seed round, dated September 15, 2022.
- How much did RE Royalties Ltd raise?
- RE Royalties Ltd raised $1.86 Million in a Seed round on September 15, 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.
- Doral raised $1.1B (Funding Round) on October 18, 2022.
- Samara raised $2M (Seed) on October 14, 2022.
- Infinium raised an undisclosed amount (Funding Round) on October 11, 2022.
- Amprius Technologies raised $1M (Seed) on September 27, 2022.
- Caelux raised an undisclosed amount (Funding Round) on September 23, 2022.
- Mainspring Energy raised an undisclosed amount (Series E) on September 21, 2022.
Who to call at RE Royalties Ltd, and when
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