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Altius Invests in Texas Solar Project with Apex
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Altius Invests in Texas Solar Project with Apex

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

Altius Renewable Royalties Corp., through its joint venture Great Bay, has invested $30 million in Apex Clean Energy’s 195 MWac Angelo Solar project in Texas. The project, expected to start operations in May 2024, is backed by a purchase agreement with Meta for its full capacity. This strategic investment is set to provide a stable revenue stream, reinforcing Great Bay’s commitment to advancing renewable energy initiatives.

For further insights into TSE:ARR stock, check out TipRanks’ Stock Analysis page.

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