23.07.2021

DGAP-News: Altius Renewable Royalties Announces Additional US$20 Million Royalty Financing to Apex Clean Energy


 

DGAP-News: / Key word(s): Investment/Financing
Altius Renewable Royalties Announces Additional US$20 Million Royalty Financing to Apex Clean Energy

23.07.2021 / 10:35
The issuer is solely responsible for the content of this announcement.


St. John's, Newfoundland - July 21, 2021 - Altius Renewable Royalties Corp. (TSX: ARR, WKN: A2QQFT) ("ARR" or the "Company") is pleased to report that its jointly controlled subsidiary, Great Bay Renewables, LLC ("Great Bay") has closed a follow-on royalty investment of US$20 million with Apex Clean Energy ("Apex") related to Apex's broad portfolio of wind, solar and energy storage development projects located across North America. Great Bay provided an initial US$35 million in royalty financing to Apex in March 2020, with agreed mutual options for additional funding. 
 

About Altius Renewable Royalties 

ARR is a recently formed renewable energy company whose business is to provide long-term, royalty level investment capital to renewable power developers, operators, and originators through its joint venture Great Bay Renewables, LLC. Apollo Fund ("Apollo") is earning into a 50% joint venture interest by investing US$80 million. The funding of this additional US$20 million will be funded by Apollo pursuant to its earn-in. The Company combines industry expertise with innovative, partner-focused solutions to further the growth of the renewable energy sector as it fulfills its critical role in enabling the global energy transition. 

For further information, please contact: 

Flora Wood, Investor Relations 
Email: [email protected] 
Tel: 1.877.576.2209 
Direct: +1.416.346.9020 

Ben Lewis, CFO 
Email: [email protected] 
Tel: 1.877.576.2209 
Website: https://www.arr.energy 

News release on ARR website: 
https://www.arr.energy/news 



23.07.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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1221105  23.07.2021 

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Die wichtigsten Finanzdaten auf einen Blick
  2015 2016 2017 2018 2019 2020 2021e
Umsatzerlöse1 0,00 0,00 0,00 0,00 0,00 0,00 0,00
EBITDA1,2 0,00 0,00 0,00 0,00 0,00 0,00 0,00
EBITDA-Marge3 0,00 0,00 0,00 0,00 0,00 0,00 0,00
EBIT1,4 0,00 0,00 0,00 0,00 0,00 0,00 0,00
EBIT-Marge5 0,00 0,00 0,00 0,00 0,00 0,00 0,00
Jahresüberschuss1 0,00 0,00 0,00 0,00 0,00 0,00 0,00
Netto-Marge6 0,00 0,00 0,00 0,00 0,00 0,00 0,00
Cashflow1,7 0,00 0,00 0,00 0,00 0,00 0,00 0,00
Ergebnis je Aktie8 0,00 0,00 0,00 0,00 0,00 0,00 0,00
Dividende8 0,00 0,00 0,00 0,00 0,00 0,00 0,00
Quelle: boersengefluester.de und Firmenangaben

1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer:

INVESTOR-INFORMATIONEN
©boersengefluester.de
WKN Kurs in € Einschätzung Börsenwert in Mio. €
0,000 0,00
KGV 2022e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
0,00 0,00 0,00 0,00
KBV KCV KUV EV/EBITDA
0,00 0,00 0,00 0,00
Dividende '19 in € Dividende '20e in € Div.-Rendite '20e
in %
Hauptversammlung
0,00 0,00 0,00
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
0,00% 0,00% 0,00% 0,00%
    
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