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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

Post by greenandgoldon Mar 07, 2011 9:36am
247 Views
Post# 18243405

Magma takes over Plutonic Power

Magma takes over Plutonic PowerMagma diversifies into hydro, wind power and solar. Doesn't look like they're going to take over RAM. This becoming a trend, Nevada is also looking into a wind farm at Blue Mountain.
What does this mean? Ross Beaty hedges his geothermal bet. More opportunity for RAM to consolidate the geothermal junior sector (Raser has announced it's up for sale or merger in recent days). 
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