Altius Minerals Corporation Closes Transaction Increasing Ownership Interest in Great Bay Renewables and Announces Increased Credit Facility

Funds managed by affiliates of Apollo sold their membership interests in Great Bay Renewables to Northampton Capital Partners for total consideration of approximately $390 million. The transaction marks Apollo's complete exit from GBR, with the entity now jointly owned 50/50 by Altius Minerals and Northampton. Separately, Altius acquired Northampton's interest in Altius Renewable Royalties Corp.

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