Altius Renewable Royalties Expects Revenue Growth in Q2

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

Altius Renewable Royalties Corp. has announced an expected Q2 2024 royalty revenue of $1.5 million, marking a significant increase from the $1.0 million reported in the same quarter the previous year. This performance is partly attributed to investment income from interconnection and loan agreements, with the company’s subsidiary, Great Bay Renewables, contributing revenue from 11 operating royalties.

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