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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 27, 2014 12:56pm
184 Views
Post# 22601857

RE:RE:RE:RE:Average

RE:RE:RE:RE:AverageCos, While your optimism remains unabated, I think the market is telling us clearly that the outcome of the sale (either of assets or company) will not result in $100M cash in the company. And, you still don't grasp that the current management has no intention of staying in the geothermal business. The company, if not sold in it's entirety, will be closed out. This of course, after the ~$50 million corporate level debt is paid, then if there is anything left will be sent to shareholders. It will be great if SJT can get across the 55MW net barrier for the recently concluded test. OE
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