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Polaris Renewable Energy Inc T.PIF

Alternate Symbol(s):  RAMPF

Utilities Utilities - Independent Power Producers
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

Polaris Renewable Energy Inc
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Comment by Greenandgold.on Oct 24, 2011 2:06pm
250 Views
Post# 19176479

RE: RE: RE: RE: Correction

RE: RE: RE: RE: Correction

Ram had over $30 million in cash on June 30th. If they only have $5 million right now, then that's a big problem. That's not enough to do much of anything.

*

On the other hand, once the cash streams become proven (we will know how SJT 1 and 2 are performing by Q3 2013) won't it be easy to re-finance the credit facility with some kind of longer-term debt? A five or 10-year loan at a lower interest rate? The banks are willing to work with you if you have positive cash flow.

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities