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Polaris Renewable Energy Inc T.PIF

Alternate Symbol(s):  RAMPF

Polaris Renewable Energy Inc. is a Canada-based company. The Company is engaged in the acquisition, development and operation of renewable energy projects in the Americas. The Company operates 72 megawatts (MW) geothermal facility in Nicaragua, three run-of-river hydroelectric facilities in Peru, with a combined capacity of approximately 33 MW, a 25 MW solar plant facility in the Dominican Republic, and a six MW run-on-river hydroelectric facility in Ecuador. It also owns two solar projects in Panama, with a total capacity of 10 MW AC. The Company, through its subsidiary, Emerald Solar Energy SRL, operates the Canoa I Solar Park (the Canoa I) located in the Barahona Province, Dominican Republic. Its San Jacinto-Tizate Geothermal plant is located in northwestern Nicaragua, in the sire of San Jacinto, municipality of Telica, 20 kilometers (km) from the city of Leon. The Company, through its subsidiary, Generacion Andina SAC, owns 8 de Agosto, a Run of River hydroelectric operation.


TSX:PIF - Post by User

Comment by johnnyendeavouron Feb 07, 2010 4:00pm
233 Views
Post# 16760599

RE: Fears.... have none....

RE: Fears.... have none....

Just for the record, I'd say not having some fears would be rather foolish.   The market may be quite unpredictable over the coming months, and if the last down turn is an example - polaris was not where investors flocked to.  Ram is still seen more as a 'green energy company'  rather than a utility for better or worse.    A utility like Fortis with annual financial statements and annual dividends stretching back 37 years is the type of utility that the fearful run to.  
Ram is still shrouded in in some mystery and it will be a little while yet before we have full information on how they will to replicate the growth that was achieved at Ormat.

That said, the management team appears very strong.  The driving force of the oft mentioned Rick Rules is very reassuring.  And the political environment with regards to green energy makes it an idea time....  A full ram power financial statement to make an analysis seems like a something that would help a lot.

About the US exchange... I have no idea. I know I can trade any US and Canadian exchange easy as pie from my online investing account. Wasn't a problem with the broker either.    There is more than one way to skin a cat as they say...

Anyways, there is great potential here.  I'm just hoping that the energies that we are not seeing on flashy publicity ect are being put into getting these power plants up and running asap, and financing in place, not to mention the drills turning... The new geothermal reporting rules should help some in making it easier to evaluate the sector also.

I recognize there is some risk here for sure, but I'm expecting a premium for it!  And someday down the line I imagine the day when I'll see Ram dividends. 


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