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Altius Renewable Royalties Announces $32.5Mm Investment Into New Global Renewables Development Platform

May 04, 2022about 3 years ago

Amount Raised

$32.5 Million

St. John's

Description

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.

Company Information

Company

Altius Renewable Royalties

Location

St. John’s, Newfoundland and Labrador, Canada

About

Altius Renewable Royalties Enabling Renewable Growth for a Low Carbon Future

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