RE Royalties Announces Second Tranche Investment of $800,000 in Solaris Energy's U.S. Distributed Generation Solar Portfolio

Investment Announcement - RE Royalties announced an $800,000 investment in Solaris Energy's U.S. Distributed Generation solar portfolio, bringing the total investment to $9 million across two portfolios [1] - The Royalty Purchase for Portfolio 1 totals $4.8 million, with $3 million funded at closing and the remaining $1 million expected to be funded by Q2 2026 [1] - The Royalty Purchase for Portfolio 2 is contingent on due diligence and customary closing conditions, expected to occur later in the year [1] Portfolio Details - Portfolio 1 consists of 15 projects, including 9 under construction and 6 in development, located in California, Maine, Delaware, New Hampshire, and Colorado [1] - The Royalty Rate will be adjusted to target a pre-agreed minimum return over a 25-year period, continuing past 25 years for Portfolio 1 projects [1] Strategic Insights - RE Royalties aims to partner with high-quality developers like Solaris Energy to secure long-term royalties on contracted clean energy assets, reflecting a strategy focused on the commercial and industrial distributed generation market [1] - Solaris Energy's CEO highlighted that the additional capital will accelerate deployment across their portfolio and enhance project efficiency from development to construction [1] Company Background - Solaris Energy Inc. is a U.S.-based solar developer and asset manager, established in 2008, and operates as a certified B Corporation and Public Benefit Corporation [1] - RE Royalties Ltd. specializes in acquiring revenue-based royalties over renewable energy facilities, owning over 100 royalties on various renewable projects across North America, South America, and Asia [1]