Altius Backs Solar Developer with $30M Investment

Altius Renewable Royalties (TSE:ARR) has released an update.

Altius Renewable Royalties Corp. has expanded into the distributed solar market through a new partnership with Nokomis Energy, involving an up to $30 million royalty investment. This deal will empower Nokomis to advance its extensive portfolio of solar projects across seven U.S. states and bolster future development. The strategic move by ARR’s subsidiary, Great Bay Renewables, aims to diversify and strengthen its renewable energy footprint, providing Nokomis with capital to scale up and deliver community-oriented clean energy solutions.

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