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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 sccool50on Nov 06, 2012 7:50am
234 Views
Post# 20566104

RE: RE: RE: RE: Mkt Reaction to Update San Jacinto

RE: RE: RE: RE: Mkt Reaction to Update San Jacinto

Rated your update 5 star, thx R_J, and it saved me supplementing my brief note.  Like to add that on a percentage basis we have:

Phase 1: 36 MW do we know it is operating at 100%

Phase 2: 24 - 28 MW or 66.6 - 77.7 % of operating capacity

Enhancement 1

Phase 2: 28 - 33 MW or 77.7 - 91.6 % of operating capacity

Best case phase 2 operational as of Dec 31st at 91.6% of rated capacity.  Not bad after all, so the market reaction could be an overreaction?

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