RE Royalties (TSE:RE) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
RE Royalties has provided $6.3 million in financing to support a 200 MW solar project in Alberta, Canada, which is expected to significantly reduce greenhouse gas emissions. This deal includes a secured loan with a 13% annual interest rate and a revenue royalty, reflecting RE Royalties’ commitment to sustainable energy projects.
For further insights into TSE:RE stock, check out TipRanks’ Stock Analysis page.
Trending Articles
- Canadian Imperial Bank of Commerce (TSE:CM) Bursts Up After Posting Earnings
- Can Dogecoin Reach a New All-Time High? Here’s What This Analyst Expects
- Can MicroStrategy Stock Reach Around $1,000? Here’s What This Investor Expects
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
