RE Royalties Expands in Asia With Philippine Solar Acquisition and Recovers Wisconsin Loan
RE Royalties Ltd. (TSXV:RE) invested $1.5 million to purchase a gross revenue royalty on nine operating rooftop solar projects in the Philippines. The portfolio totals 14.2 megawatts of capacity across commercial shopping centers. The deal provides immediate quarterly royalty revenue and marks the company's expansion into a new geographic market through a partnership with regional developer Singapore Solar.
In a separate financial milestone, Outagamie Clean Energy Partners fully repaid a $4.6 million secured loan to RE Royalties after sending a final payment of about $938,000. The loan supported a renewable natural gas project at a dairy farm in Wisconsin. With the principal fully recovered, RE Royalties began receiving a 10-year recurring annual royalty set at 4% of its original investment, validating its funding model and freeing capital for new acquisitions.
Investors should monitor the company's ongoing review of strategic options, initiated in March 2026 to maximize shareholder value. Future growth potential includes developer Singapore Solar's pipeline, which features 138 megawatts of late-stage projects and over 700 megawatts of identified clean energy developments in Southeast Asia.
Key points
- RE Royalties invested $1.5 million for a gross revenue royalty on 14.2 megawatts of operating Philippine solar projects.
- Outagamie Clean Energy Partners fully repaid a $4.6 million loan, giving RE Royalties 100% capital recovery plus a 10-year 4% annual royalty.
- Developer Singapore Solar holds 138 megawatts of late-stage projects and over 700 megawatts in its regional development pipeline.
- RE Royalties continues discussions with interested parties as part of its formal strategic review process.
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How we writeDisclaimerQuestions and answers
What solar assets did RE Royalties acquire in the Philippines?
RE Royalties paid $1.5 million for a gross revenue royalty on nine operating commercial rooftop solar installations totaling 14.2 megawatts of capacity.
How much did RE Royalties recover from its Wisconsin energy loan?
RE Royalties fully recovered its $4.6 million loan after receiving a final payment of roughly $938,000, and it will now collect a 4% annual royalty for 10 years.
What is the status of RE Royalties strategic review?
RE Royalties continues to evaluate strategic alternatives and hold discussions with interested parties, though no specific outcome or timeline is guaranteed.