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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 MiningMonsteron Sep 26, 2011 2:02pm
210 Views
Post# 19084816

RE: Another historical low today

RE: Another historical low todayJulien,
Do you think the market in general is coming to acceptance of the fundraising?  The Sinclair market support program I think has been overwhelmed now.  Don't you think for the company sake they should announce the financing as soon as possible before the share price tumbles further?  Maybe they are waiting since the short term secondary market is so weak right now...  but they have to take out Sprott on the debt side or else they will be soon trading in line with such high yield investments as junk.  I cannot go near this thing until they fix their balance sheet.
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