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Contact ARR >Altius Renewable Royalties (TSX:ARR) (OTCQX:ATRWF) (“ARR”) reports its Great Bay Renewables (“Great Bay” or “GBR”) joint venture has entered into a $10.1 million interconnection support facility to assist its development partner Hexagon Energy (“Hexagon”). The secured facility will fund the refundable portions of certain MISO interconnection deposits for six solar development projects totaling approximately 1,500 MWac that Hexagon has selected for advancement in the MISO interconnection queue. These projects are part of Hexagon’s...
Altius Renewable Royalties Corp. (TSX: ARR) (OTCQX: ATRWF) (“ARR” or the “Corporation”), is pleased to report its financial results for the fourth quarter and year ended 2023 with a conference call to follow Thursday March 7, 2024 at 9:00 am EDT. The Corporation's 50% owned Great Bay Renewables ("GBR") joint venture recorded $10.4 million in royalty revenue for the year ended December 31, 2023 compared to $7.3 million in 2022, an increase of 44%. Operating cash flows at GBR were $5.1 million for the year ended December 31, 2023 as compared to $2.7...
Altius Renewable Royalties (TSX:ARR) (OTCQX:ATRWF) (“ARR”) reports that Great Bay Renewables (“Great Bay”) today announced it has entered into a $30 million royalty investment with Apex Clean Energy (“Apex”) related to Apex’s 195 MWac Angelo Solar project in Tom Green County, Texas (“Angelo”) which is anticipated to achieve commercial operations in May 2024. Great Bay is jointly controlled by ARR and certain Apollo-managed funds (NYSE: APO), who have funded the transaction on an equal basis. Apex is an established industry leade...
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