Original News Release
RE Royalties makes investment in Solaris portfolio
Ms. Talia Beckett reports
RE ROYALTIES ANNOUNCES SECOND TRANCHE INVESTMENT OF $800,000 IN SOLARIS ENERGY'S U.S. DISTRIBUTED GENERATION SOLAR PORTFOLIO
RE Royalties Ltd. has made a further $800,000 investment toward the purchase of royalties on two portfolios of distributed generation solar projects located throughout the United States being developed by Solaris Energy Inc. All amounts are in U.S. dollars unless otherwise stated.
The royalty purchase for portfolio 1 totals $4.8-million, of which $3-million was financed at closing, as announced on Jan. 7, 2026. The company expects to finance the remaining $1-million by second quarter 2026, subject to the satisfaction of applicable conditions. The royalty purchase for portfolio 2 is subject to the completion of due diligence to the satisfaction of the company and other customary closing conditions, and is expected to occur later in the year, bringing the total portfolio level royalty investment to $9-million.
The royalty rate will be adjusted at each advance to target a preagreed minimum return based on a 25-year period. The royalty will continue past 25 years for the remaining life of the portfolio 1 projects. The first portfolio consists of 15 projects including nine under construction with several nearing operation, and six in development, located across California, Maine, Delaware, New Hampshire and Colorado.
"Our continued investment in Solaris Energy reflects RE Royalties' strategy of partnering with high-quality developers to secure long-term royalties on contracted clean energy assets," said Peter Leighton, chief operating officer of RE Royalties. "The commercial and industrial distributed generation market represents a compelling growth opportunity, and we are pleased to work alongside Solaris Energy and trusted sector advisers such as CG/CRC-IB to support portfolio expansion while advancing the transition to a low-carbon energy system."
"This second tranche of financing from RE Royalties is a strong vote of confidence in Solaris Energy's execution and growth trajectory," said Solaris Energy chief executive officer Nick Perugini. "With this additional capital, we're accelerating deployment across our expanding portfolio and advancing projects from development through construction more efficiently. RE Royalties continues to be a valued partner as we scale our distributed generation and solar-plus-storage platform and deliver reliable clean energy to the communities we serve."
About RE Royalties Ltd.
RE Royalties acquires revenue-based royalties over renewable energy facilities and technologies by providing non-dilutive financing solutions to privately held and publicly traded companies in the renewable energy sector. RE Royalties is the first to apply this proven business model to the renewable energy sector. The company currently owns over 100 royalties on solar, wind, hydro, battery storage, energy efficiency and renewable natural gas projects in North America, South America and Asia. The company's business objectives are to provide shareholders with a strong growing yield, robust capital protection, high rate of growth through reinvestment and a sustainable investment focus.
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