Portsmouth, NH (June 27, 2024) – Great Bay Renewables, LLC (“Great Bay”) today announced it has entered into a transaction with distributed generation developer Nokomis Energy, LLC (“Nokomis”) to gain future royalties related to Nokomis’s portfolio of solar development projects. Great Bay is jointly controlled by Altius Royalties Corporation and certain funds managed by affiliates of Apollo.
Nokomis, based in Minneapolis, Minnesota, is committing its portfolio of 77 development projects located across seven states to this new royalty investment, as well as any future development projects added to its portfolio.
