ST. JOHN’S, Newfoundland — Altius Renewable Royalties Corp. (TSX: ARR) (“ARR” or the “Company”), is pleased to report that Tri Global Energy (“TGE”) has announced the sale of two renewable energy projects, namely the 180 MW Hoosier Line Wind project and the 400 MW Honey Creek Solar project to Leeward Renewable Energy, a portfolio company of Canadian pension fund subsidiary OMERS Infrastructure.

The two sales result in creation of a 3% royalty on the wind project and a 1.5% royalty on the solar project in favour of Great Bay Renewables LLC (“Great Bay”), which is equally owned by ARR and certain funds managed by affiliates of Apollo Global Management, Inc.

These sales represent the fourth and fifth project royalties to be created under Great Bay’s royalty-based funding support agreement with TGE. The five royalties in aggregate represent approximately 1520 MW of new renewable energy projects.

Frank Getman, CEO of Great Bay commented, “Tri Global continues to excel at bringing new renewable energy projects to market to help accelerate our transition to a clean energy future. We are delighted to be able to support Tri Global in accomplishing this important work.”