Polaris Renewable Energy Inc T.PIF

Alternate Symbol(s): RAMPF

Utilities Utilities - Independent Power Producers

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.

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Polaris Renewable Energy Inc > Q1 CC

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Comment by Methodon May 08, 2021 3:06pm

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Post# 33160264

RE:RE:RE:Q1 CC

Thanks. That should free up a material amount of capital for growth.

Capharnaum wrote:

Method wrote:
Thanks for the summary.

Did they talk about timing/terms for refinancing the San Jacinto debt?

They did. They have multiple options. It should get done within 6 months if I understood well. They will likely get a longer term which will reduce repayments and increase cashflows.