Altius Renewable Royalties Announces New Operating Royalty Investment and CDN$35 million Bought Deal Financing

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ST. JOHN'S, Newfoundland and Labrador, Dec. 01, 2022 (GLOBE NEWSWIRE) -- Altius Renewable Royalties Corp. (TSX: ARR) (OTCQX: ATRWF) (“ARR”, the “Corporation”, or the “Company”) reports that Great Bay Renewables II (“Great Bay”), its subsidiary that is jointly controlled with funds managed by affiliates of Apollo Global Management (“Apollo”), has entered into a US$46 million royalty investment agreement with Longroad Energy (“Longroad”) to support Longroad’s acquisition of the 70 MWac Titan Solar project in Imperial County, CA (“Titan”).