Elemental Royalty buys $290M royalty/streaming portfolio, upsizes revolver
Elemental Royalty agreed to buy a $290M royalty/streaming portfolio from Orion, fund it with an upsized $250M revolver, divest its project generation arm, and updated 2026 guidance to 19,500—22,000 GEOs with revenue of $89.8M—$101.1M.
Elemental Royalty agreed to buy a $290M royalty/streaming portfolio from Orion. It said the deal will be funded with an upsized $250M revolver, and it also plans to divest its project generation arm. 1M.