Great Bay Renewables, a business controlled by Altius Renewable Royalties (<a href="https://money.tmx.com/en/quote/ARR" target="_blank">TSE:ARR</a>) and funds managed by Apollo Global Management (<a href="https://www.nyse.com/quote/XNYS:APO" target="_blank">NYSE:APO</a>), has carried out an up to USD-30-million (EUR 28m) royalty investment in distributed solar generation developer Nokomis Energy LLC.