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NORTHAMPTON CAPITAL PARTNERS ENTERS INTO ARRANGEMENT AGREEMENT WITH ALTIUS RENEWABLE ROYALTIES CORP. - Altius Renewable (OTC:ATRWF)

Geoffrey Strong, Chief Executive Officer of Northampton commented "We are excited to announce this transaction today and the beginning of a long-term partnership. We are greatly impressed with the accomplishments to-date of ARR, the underlying Great Bay Renewables joint venture team and look forward to contributing to the support and resources required for the business to reach its full potential."

The Arrangement Agreement

Voting Support Agreements

Advisors and Counsel

National Bank Financial Inc. is acting as the independent valuator and financial advisor to the Special Committee of ARR in connection with the Transaction.

McCarthy Tétrault LLP and Pierce Atwood LLP are acting as counsel to ARR.

Kirkland & Ellis LLP and Mintz LLP are acting as counsel to Northampton.

About Northampton Capital Partners LLC:

Northampton Capital Partners LLC is an alternative asset management firm focused on infrastructure investments in the middle market, targeting the energy, digital, and other critical infrastructure sectors. Northampton was founded by Geoffrey Strong, John MacWilliams, Scott McBride, Don McCarthy, and other team members, with offices in New York City and Miami. To learn more, please reach out to IRGroup@northamptonllc.com.

For further information, please contact:

Don McCarthy

Partner, Chief Operating Officer & Chief Compliance Officer

Email: dmccarthy@northamptonllc.com

Christine McCartin

Vice President of Investor Relations

Email: cmccartin@northamptonllc.com

About Altius Renewable Royalties Corp.

ARR is a renewable energy royalty company whose business is to provide long-term, royalty level investment capital to renewable power developers, operators, and originators. ARR has 35 renewable energy royalties representing approximately 2.6 GW of renewable power on operating projects and an additional approximate 5.6 GW on projects in construction and development phase, across several regional power pools in the U.S. The Company also expects future royalties from indirect investments in Bluestar Energy Capital, Hodson Energy and Hexagon Energy, which increase the total project pipeline to approximately 18.7 GW. The Company combines industry expertise with innovative, partner-focused solutions to further the growth of the renewable energy sector as it fulfills its critical role in enabling the global energy transition.

For further information, please contact:

Flora Wood

Email: Flora@arr.energy

Tel: 1.877.576.2209

Direct: 1.416.346.9020

Ben Lewis

Email: Ben@arr.energy

Tel: 1.877.576.2209

Forward-Looking Information

This news release contains "forward-looking information" and "forward-looking statements" (collectively, "forward-looking information") within the meaning of applicable securities laws. This information includes, but is not limited to, statements concerning our objectives, our strategies to achieve those objectives, as well as statements made with respect to our beliefs, plans, estimates, projections and intentions, and similar statements concerning anticipated future events, results, circumstances, performance or expectations that are not historical facts. In some cases, forward-looking information can be identified by the use of forward-looking terminology such as "expects", "estimates", "outlook", "forecasts", "projection", "prospects", "intends", "anticipates", "believes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might", "will", "will be taken", "occur" or "be achieved". In addition, any statements that refer to expectations, intentions, projections or other characterizations of future events or circumstances contain forward-looking information. Forward-looking information in this news release includes, among other things, statements relating to the Transaction, timing for completion of the Transaction, required approvals, the satisfaction of certain closing conditions and the expectations regarding the prospects and operations of ARR's business. Forward-looking information is necessarily based on a number of opinions, estimates and assumptions that we considered appropriate and reasonable as of the date such statements are made in light of our experience, current conditions and expected future developments, including assumptions: that any conditions precedent to the closing of the Transaction can be satisfied, and that there will be no undue delays with respect to the Transaction.

View original content:https://www.prnewswire.com/news-releases/northampton-capital-partners-enters-into-arrangement-agreement-with-altius-renewable-royalties-corp-302247311.html

SOURCE Northampton Capital Partners LLC

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