RE Royalties Update: A Message from CEO Bernard Tan
In these unprecedented times, I would like to share our heartfelt support with you and your families. At RE Royalties, the health and safety of our team, clients, shareholders and partners is our number one priority.
Our company remains financially strong and committed to protecting our shareholder capital. When we started RE Royalties, our focus was on creating a sustainable business model that would be resilient and continue to generate cash flow during uncertain times.
We have business continuity plans already in motion that help to protect our company.
Our royalty portfolio is well diversified. We have 75 royalties on solar, wind and hydro projects operating in Canada, the United States and Europe. Most of those projects have not been adversely impacted by the coronavirus situation. We are continuing to work with our clients to help them finance their new projects and to help them move forward.
As a socially responsible company we are committed to doing all we can to keep everyone safe and our business moving forward. We are also monitoring the needs in our local community to determine the best way our team can help, including those on the front lines of this public health crisis. I'm pleased to share that we have donated $25,000 to Vancouver General Hospital (VGH).
Thank you for your continued confidence in RE Royalties and together as a community, we can overcome these challenges and build a better future.
Bernard Tan Chief Executive Officer RE Royalties