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Polaris Renewable Energy Inc T.PIF

Alternate Symbol(s):  RAMPF

Polaris Renewable Energy Inc. is engaged in the acquisition, development and operation of renewable energy projects in Latin America. It operates 82 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 Dominican Republic, a six MW run-of-river hydroelectric facility in Ecuador and a 10 MW solar plant in Panama. Through its subsidiary, Emerald Solar Energy SRL, it operates the Canoa I Solar Park 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 from the city of Leon. Its Vista Hermosa Solar Parks are located in the village of Vista Hermosa, Corregimiento de Pueblos Unidos, Aguadulce district, Cocle Province. Through its subsidiary Generacion Andina SAC, it owns 8 de Agosto, a Run of River hydroelectric operation.


TSX:PIF - Post by User

Comment by salzachon Nov 17, 2009 2:06pm
230 Views
Post# 16495998

RE: Polaris financials

RE: Polaris financialsGood post. At least somebody is well informed. Still looks like a very very complex undertaking. See no profits in the foreseeable future. Could that be the reason Skyberry and those Islanders bailed out? The only reason I am holding on to my position[huge loss] is Rick Rule. Smart man and an astute investor. He is going to make sure our money is not wasted. Little disappointed in the lack of any strong bids. Looks like more agony for us shareholders for the next 2 years. GLTA
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