RE Royalties buys $1.5M solar royalty portfolio in Philippines, OCEP loan repaid
RE Royalties acquired a royalty on nine Philippine rooftop solar projects and reported full repayment of its $4.6 million OCEP loan.
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what happened
RE Royalties Ltd. said it will invest US$1.5 million to acquire a gross revenue royalty on nine operating commercial and industrial rooftop solar projects in the Philippines, with a combined capacity of 14.2 MW. Payments are due quarterly over the operating life of the projects. The seller is developer Singapore Solar, which the company says has a substantial pipeline in Southeast Asia.
The company also reported that Outagamie Clean Energy Partners has fully repaid its US$4.6 million secured loan tied to a renewable natural gas project in Wisconsin. The final payment was about US$938,000, and RE Royalties has received its first royalty payment from the project. Under the agreement, it will receive a fixed annual royalty of 4% of the original invested capital for 10 years.
RE Royalties continues its strategic review, begun in March 2026, and says discussions with interested parties are ongoing. It gave no assurance of any transaction, outcome or timing.
why it matters
The deal is small and sits in the niche market of renewable energy royalties, so its relevance for the broad market is limited. For investors in RE Royalties, the main points are the recovered principal and a steady royalty income stream, while the outcome of the strategic review remains uncertain.
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