RE Royalties Enters into Loan and Royalty Agreement with SolarBank Corporation for CAD $3.0 Million
All amounts in Canadian dollars unless otherwise stated. VANCOUVER, BC / ACCESSWIRE / November 27, 2024 / RE Royalties Ltd. (TSXV:RE)(OTCQX:RROYF) ("RE Royalties" or the "Company"), a global leader in renewable energy royalty-based financing, has entered into an agreement with Solar High Yield Projects #1 Ltd. (the "Borrower"), a wholly-owned subsidiary of SolarBank Corporation (NASDAQ:SUUN, Cboe CA: SUNN, FSE: GY2)) ("SolarBank").SolarBank is an independent renewable and clean energy project developer and owner, focusing on distributed and community solar projects in Canada and the United States. Under this agreement, RE Royalties will provide a secured loan of CAD $3.0 Million (the "Loan")
