on RE Royalties Ltd. (CVE:RE)
RE Royalties Increases Investment in US Solar Projects
RE Royalties Ltd., a leading firm in renewable energy royalties, has announced a new $800,000 investment in Solaris Energy's distributed generation solar projects across the United States. This marks the second financial infusion, lifting the total investment for two solar portfolios to $4.8 million for Portfolio 1, with plans for an additional $1 million by Q2 2026. Portfolio 2's investment, aimed at reaching a total of $9 million, awaits completion of due diligence and is expected later this year.
The investment aligns with RE Royalties' strategy of forming partnerships with reputable developers to secure long-term royalties on clean energy assets. Solaris Energy CEO, Nick Perugini, underscored this financial commitment as crucial for accelerating their solar project deployment, thus delivering clean energy to communities efficiently.
R. P.
Copyright © 2026 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.
Click here to consult the press release on which this article is based
See all RE Royalties Ltd. news