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RE Royalties Invests in Alberta Solar Project
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RE Royalties Invests in Alberta Solar Project

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RE Royalties (TSE:RE) has released an update.

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RE Royalties has provided $6.3 million in financing to support a 200 MW solar project in Alberta, Canada, which is expected to significantly reduce greenhouse gas emissions. This deal includes a secured loan with a 13% annual interest rate and a revenue royalty, reflecting RE Royalties’ commitment to sustainable energy projects.

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