Canaccord Genuity Acts as Sole Bookrunner and Financial Advisor to RE Royalties Ltd. on C$12.1MM Financing of Green Bonds.

Canaccord Genuity is pleased to announce that on February 6, 2023, RE Royalties Ltd. (TSX-V: RE) ("RE" or the "Company") closed its previously announced financing of green bonds for gross proceeds of approximately C$12.1 million (the “Offering”). The Company intends to utilize the net proceeds of the Offering to finance renewable energy projects in the Company’s pipeline as well as to purchase royalty interests in renewable energy projects.

RE is a global leader in acquiring revenue-based royalties over renewable energy facilities and technologies by providing non-dilutive financing solutions. The Company’s energy verticals include wind, solar, hydro, battery storage, energy efficiency, renewable natural gas and mobile battery storage with 110 royalties of which their stake generates or stores 251 MW of capacity.

The Canaccord Genuity team included Jamie Brown, Shane MacLachlan, Peter Walls, and Devan Hunter from Investment Banking, with support from Trina Wang from Equity Capital Markets and Glenda Chin from Retail Syndication.