Re Royalties Enters Into Usd $4.6 Million Loan And Fixed Royalty Agreement On Renewable Natural Gas Project In Wisconsin
Re Royalties Enters Into Usd $4.6 Million Loan And Fixed Royalty Agreement On Renewable Natural Gas Project In Wisconsin
03/02/22, 5:00 PM
Location
vancouverMoney raised
$4.6 million
Round Type
seed
VANCOUVER, BC / March 2, 2022 / RE Royalties Ltd. (TSXV:RE) ("RE Royalties" or the "Company"), a global leader in renewable energy royalty-based financing, has entered into a mezzanine financing agreement with Outagamie Clean Energy Partners ("OCEP"), a Renewable Natural Gas ("RNG") developer to finance the construction of a biogas to RNG upgrading project located in Wisconsin (the "Project").
Company Info
Location
vancouver, washington, united states
Additional Info
RE Royalties Ltd. acquires revenue-based royalties from renewable energy facilities and technologies by providing a non-dilutive financing solution to privately held and publicly traded companies in the renewable energy sector. RE Royalties is the first to apply this proven business model to the renewable energy sector. The Company currently owns 110 royalties on solar, wind, hydro, battery storage, and renewable natural gas projects in North America and Europe. The Company's business objectives are to provide shareholders with a strong growing yield, robust capital protection, high rate of growth through re-investment and a sustainable investment focus.