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Altius Renewable (ATRWF) delivers innovative royalty financing solutions for renewable energy projects across North America. This dedicated news hub provides investors and industry stakeholders with essential updates on the company’s strategic initiatives, financial developments, and clean energy partnerships.
Access timely press releases and analysis covering ATRWF’s royalty agreements, operational milestones, and market positioning within the renewable finance sector. Our curated collection includes earnings reports, project commissioning announcements, and insights into the company’s growing portfolio of wind, solar, and emerging clean technology investments.
Key updates feature Altius Renewable’s non-dilutive capital deployments, partnership expansions with energy developers, and participation in critical infrastructure projects supporting the energy transition. The company’s focus on structured royalty streams and risk-managed growth remains central to all coverage.
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Altius Renewable Royalties Corp. (OTCQX: ATRWF) announced an expected Q1 2023 proportionate royalty revenue of
Financial results will be disclosed on
Altius Renewable Royalties Corp. (OTCQX: ATRWF) reported its financial results for 2022, showing a revenue increase to $0.8 million from $0.1 million in 2021, although it recorded a net loss of $0.8 million. Proportionate revenue for 2022 was $4.4 million, including $3.6 million from royalties. The Great Bay Renewables joint venture outperformed expectations, generating $7.3 million in royalty revenue, with forecasts for 2023 between $11.5 million and $13.5 million. Cash balances stood at $50.1 million as of December 31, 2022. A conference call on March 2, 2023, will provide further insights.
Altius Renewable Royalties Corp. (OTCQX: ATRWF) anticipates reporting Q4 2022 attributable royalty revenue of $0.9 million, up from $0.2 million in Q4 2021. Full-year revenue reached $3.6 million, a significant increase from $0.3 million in 2021, driven by new operating royalties. The joint venture Great Bay Renewables (GBR) generated $7.3 million in revenue, exceeding its guidance of $6.5-$7.0 million. The company plans to release 2023 revenue guidance on March 1, 2023. CEO Frank Getman noted increased demand for GBR’s renewable royalty model and highlighted recent project acquisitions in California and Texas.
Altius Renewable Royalties Corp. (OTCQX: ATRWF) announced that its subsidiary, Great Bay Renewables, will acquire a royalty agreement on a 1 GW wind project in Hansford County, Texas, from Apex Clean Energy for US$18 million. The royalty, tied to 658 megawatts of the project, is expected to contribute US$1.5 million to revenue in 2023. CEO Frank Getman emphasized the production volume-based nature of the royalty, which minimizes price exposure and diversifies the company's portfolio.
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