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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 OneEyeon May 15, 2014 1:04pm
212 Views
Post# 22565796

RE:Monday - The Big Show.

RE:Monday - The Big Show.RJ, I am sure the test protocol does not allow them to sandbag the system prior to the 7 day capacity test. All wells should be on line for the 30 day period prior to the required 7 day test. If they are not or cannot be kept on line, the test would either be delayed or run with what they have available. Whether the Nic site shows net or gross is academic, because in either case the plant is not averaging the 60mw needed to prevent default under the loan (according to the company's public filings). The banks have to be at the table in any negotiation to sell the project, or they will ultimately own it. OE
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