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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

Post by Carbonbullon Jan 04, 2023 3:13am
463 Views
Post# 35202070

Approximately 10m a year in increased annual revenue

Approximately 10m a year in increased annual revenueA nice accomplishment should lead to a jump in FCF unless the curretn wells show significant decline, there have not been any new well drilled in a while as the company diversified , unfortunately one juristiction Peru has significant unrest. Given the yield curve and current political landscape I would think a company with this exposure should generate a long time return on capital deployed in the mid to high teens (which implies a return on Equity given the leverage of 30 percent or so). . I suspect it does , just have not had time to do the math , a project for the weekend . The binary unit on its own definitely does.
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