Altius Renewable Royalties Provides Updated Information for Recently Announced Development Royalty

Altius Renewable Royalties Provides Updated Information for Recently Announced Development Royalty

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ST. JOHN’S, Newfoundland — Altius Renewable Royalties (TSX:ARR) (OTCQX: ATRWF) (“ARR”) is happy to offer up to date data regarding the current creation of a developer financing-based 2.5% gross income royalty in favor of its three way partnership subsidiary, Nice Bay Renewables (“GBR”), that ARR disclosed in its Q3 outcomes press launch issued on November 8, 2021. JERA Co. Inc. has introduced that its subsidiary, JERA Renewables NA, LLC, has acquired the 300 MW El Sauz wind mission in Texas and that it expects to start building in early 2022 with operations anticipated to begin within the final quarter of the 12 months. GBR is a three way partnership firm of ARR and funds managed by associates of Apollo International Administration, Inc. (NYSE: APO) (“Apollo Funds”).

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About ARR

ARR is a not too long ago shaped renewable power firm whose enterprise is to offer long-term, royalty degree funding capital to renewable energy builders, operators, and originators via its three way partnership Nice Bay Renewables. The Firm combines business experience with progressive, partner-focused options to additional the expansion of the renewable power sector because it fulfills its crucial function in enabling the worldwide power transition.

View supply model on businesswire.com: https://www.businesswire.com/news/home/20211203005312/en/

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Contacts

Flora Wooden
E-mail: Flora@arr.energy
Tel: 1.877.576.2209
Direct: +1(416)346.9020

Ben Lewis
E-mail: Ben@arr.energy
Tel: 1.877.576.2209

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