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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 Gardner555on Apr 08, 2014 9:59pm
136 Views
Post# 22427813

RE:RE:so here we are...

RE:RE:so here we are...I believe today was 12-3 and 9-3, so 61.X may be as good as she gets. Still enough to keep SJE going while looking for the buyer. 

I will stick with my guess that US Geothermal will buy us with all stock.. at about .25 a share.

My biggest concern is that RAM actually borrows the $70M they spoke of for Casita. This company can barely survive.. Nobody would loan money at a decent price for Casita.. and I don't trust this management to handle the project correctly...  and $70M is not enough to actually get project fully up and running.. so if it stayed independent, got the $70M, we would definately be BK when it was all spent. DEAR MANAGEMENT, PLEASE DO NOT TAKE ON ANY DEBT, JUST SELL THE COMPANY AND GO AWAY.



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