Altius Minerals raises Great Bay Renewables stake to 50% in US$168 million deal with Northampton

  • Apollo-managed funds to sell their 50% membership interests in Great Bay Renewables to Northampton for about USD 390 million.
  • Altius to buy Northampton’s 43% stake in Altius Renewable Royalties for USD 168 million, funded from liquidity and credit facilities.
  • Deal lifts Altius’s effective Great Bay Renewables stake to 50% from 29%; Northampton’s effective stake rises to 50% from 22%.
  • Great Bay Renewables currently owned 50-50 by Apollo funds and Altius Renewable Royalties; closing expected in late July.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Altius Minerals Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 20260709782737) on July 10, 2026, and is solely responsible for the information contained therein.