RE Royalties seeks to raise up to C$20 million from 9% five-year secured green bonds

By Wendy Van Sickle

Columbus, Ohio, Dec. 9 – RE Royalties Ltd. is marketing a best-efforts public offering of 9% five-year secured green bonds, series 3, for gross proceeds of up to C$20 million, according to a news release.

Canaccord Genuity Corp. will act as bookrunner and co-lead agent with Integral Wealth Securities Ltd.

Proceeds will be used to acquire revenue-based royalties and/or provide loans to privately held and publicly traded renewable energy companies.

The issuer caters to socially conscious investors and helps to build renewable energy projects faster through innovative financing. The company is based in Vancouver, B.C.

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