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RE Royalties announces $50M clean energy pipeline, board change, and near-complete green bond repayment.
RE Royalties Ltd. announced a dividend and revealed a $50 million pipeline of renewable energy projects in solar, wind, storage, and distributed generation across the U.S., Canada, and the Maldives, with due diligence ongoing.
The company extended a $3 million loan to Powerbank Corporation, raising interest to 12% and royalty to 0.80%, with a discount if repaid within six months.
It has nearly fully repaid its $10 million Series 1 Green Bonds, with $300,000 due in Q1 2026, five years after launch, earning a Dark Green rating from S&P for climate impact.
Alexa Blain joined the board, replacing Paul Larkin, bringing expertise in climate finance and impact investing from roles at Deetken Impact, CPP Investments, and Macquarie Group.
The company reaffirmed its focus on disciplined capital use and long-term value.
RE Royalties anuncia un oleoducto de energía limpia de 50 millones de dólares, un cambio en la junta directiva y un reembolso casi completo de bonos verdes.