Altius Renewable Royalties Announces New Royalty Created Under Tri Global Energy Royalty Financing Partnership
ST. JOHN’S, Newfoundland--(BUSINESS WIRE)-- Altius Renewable Royalties Corp. (TSX: ARR) (“ARR” or the “Company”), is pleased to announce that Tri Global Energy (“TGE”) has announced the sale of its 175 MW Appaloosa Run wind project in West Texas to an established buyer. The sale results in creation of a 1.5% royalty in favour of ARR’s 50% owned subsidiary, Great Bay Renewables LLC, under its royalty-based portfolio funding agreement with TGE. This sale represents the sixth royalty to be created under the Tri Global Energy agreement with Great Bay Renewables. The six royalties...
Source: energycentral.com