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Altius Renewable Royalties Reporting Q2 2024 Expected Proportionate Royalty Revenue of US$1.5 million
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Altius Renewable Royalties Reporting Q2 2024 Expected Proportionate Royalty Revenue of US$1.5 million
Jul 17, 2024 12:04 PM

02:30 PM EDT, 07/17/2024 (MT Newswires) -- Altius Renewable Royalties ( ATRWF ) on Wednesday said it expects to report second-quarter proportionate royalty revenue of US$1.5 million, including $0.5 million of investment income associated with various interconnection and loan agreements.

This compares to $1.0 million of proportionate royalty revenue reported in the year-prior quarter.

A short statement added Great Bay Renewables, 50% owned with certain funds managed by affiliates of Apollo Global Management, continued to recognize revenue from 11 operating royalties during the quarter.

Altius shares were last seen down $0.08 or 0.85% at $9.33 on the Toronto Stock Exchange.

Price: 9.33, Change: -0.08, Percent Change: -0.85

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