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 executed agreements to invest a total of US$32.5 million into a new global renewables development platform, Bluestar Energy Capital LLC (“Bluestar”), recently founded and majority-owned by Declan Flanagan, former CEO of Orsted Onshore and Lincoln Clean Energy.