ALTIUS RENEWABLE ROYALTIS - ATRWF STOCK NEWS

Altius Renewable Royalties Corp. expects to report Q2 2023 proportionate royalty revenue of $1.0 million, compared to $0.6 million in Q2 2022. The company has a 50% ownership interest in Great Bay Renewables and has seen an uptick in merchant prices recently. They have also announced an investment in Hexagon Energy, adding over 15.5 gigawatts of wind, solar, and storage development projects to their portfolio.

Altius Renewable Royalties Corp. reports Q1 2023 financial results with $2.0 million in royalty revenue. Net loss of $0.1 million. GBR's royalty portfolio increased. Cash of $48.5 million and expected commitments of $10.0 million.

Altius Renewable Royalties Corp. (OTCQX: ATRWF) announced an expected Q1 2023 proportionate royalty revenue of $1.0 million, a notable increase from $0.6 million in Q1 2022, primarily driven by its 50% stake in Great Bay Renewables (GBR). CEO Frank Getman highlighted the positive performance of most royalties, although a mild winter and low natural gas prices caused lower merchant power prices, particularly impacting revenues from the Old Settler project in West Texas. Despite the Q1 revenue dip, ARR maintains its full-year revenue guidance of $11.5 million to $13.5 million for GBR. The company also anticipates robust demand for GBR's flexible royalty financing solutions.

Financial results will be disclosed on May 5, 2023, followed by a conference call on May 8, 2023.

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.

Altius Renewable Royalties Corp. (OTCQX: ATRWF) announced the partial exercise of the over-allotment option from its recent public offering, issuing an additional 368,800 common shares at $9.00 each, raising C$3,319,200. The proceeds will be used for general corporate purposes. ARR has 32 renewable energy royalties totaling 735 MW in operating projects and about 6 GW in development, aiming to support the global energy transition.