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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 MiningMonsteron Mar 01, 2012 12:18pm
385 Views
Post# 19611490

When I think about RPG

When I think about RPG

I cant help but think what is the most opposite energy company in Canada to RPG... 

I finally found the answer, Mart Resources MMT.  They are trading at 1x CFO, growing production soon to be 35,000bbl/day, they are piling up cash on the balance sheet and will likely institute a dividend soon.  All this from a $1.00 stock with 300 million market cap, zero debt.  Paid it all off with cash flow recently. Self funding.  I think thats about the polar opposite of RPG to-date.

I think MMT is the perfect hedge to add to RPG. Sorry for the cross-board pump. 

 

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