Image courtesy of RE Royalties.

Through its Climate Innovation Fund, Alberta Ecotrust Foundation has invested $500,000 in green bonds offered by RE Royalties Ltd., a Vancouver-based leader in renewable energy finance. 

“RE Royalties specializes in financing renewable energy, energy efficiency and battery storage projects, accelerating energy transition solutions and bridging a critical gap in climate financing,” said Sid Roy, Alberta Ecotrust's Impact Investment Director. “This investment aligns with our commitment to advance market-driven solutions that support our vision of a low carbon and climate-resilient future while generating financial returns.”

RE Royalties provides non-dilutive financing to renewable energy projects by acquiring revenue-based royalties on renewable energy facilities and technologies. As the first to apply this proven business model to the renewable energy industry, RE Royalties currently holds over 100 royalties across solar, wind, hydro, battery storage, energy efficiency and renewable natural gas projects in North America, Mexico and Europe. 

“We are thrilled to have the Alberta Ecotrust Foundation support us on our Series 4 Green Bonds. This investment will allow us to continue to support several of our Alberta-based clients who are building renewable energy projects in the province. RE Royalties is mission aligned with the Alberta Ecotrust Foundation in accelerating the transition to a low-carbon climate-resilient future (LCCR). The Series 4 Green Bonds are also rated by S&P Global Ratings as Dark Green, under the Shades of Green analytical approach, as being the highest and most consistent with a LCCR future," said Bernard Tan, Chief Executive Officer at RE Royalties Ltd.

Alberta Ecotrust’s Climate Innovation Fund aims to accelerate the transition to a low-carbon future. It invests in initiatives that can be scaled up to reduce emissions and have multiple societal and environmental benefits. The Fund was created with an endowment from the Government of Canada to Alberta Ecotrust as a Low Carbon Cities Canada member.   

About Alberta Ecotrust Foundation
Alberta Ecotrust Foundation is a charity that leads and catalyzes environmental and climate action projects that enhance the well-being of Alberta’s communities. It collaborates with diverse partners to deliver, fund, and enable innovative solutions that address pressing environmental challenges in the province. Alberta Ecotrust is a founding member of the Low Carbon Cities Canada network, a national initiative that accelerates equitable climate solutions in cities.

Media Contact:

Jessie Cheveldayoff, Communication Specialist 

j.cheveldayoff@albertaecotrust.com

403.209.2245