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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 Sep 26, 2014 2:29pm
179 Views
Post# 22974246

RE:RE:RE:RE:RE:RE:Things are quiet

RE:RE:RE:RE:RE:RE:Things are quietI think we are cash flow positive at SJE right now.  SJE is adding $ to major maintenance and reserve fund currently.. well being used to pay off last drilling ops ,but after paid off will build up account.  So, that implies to me that they are cash flow positive.. right now. at 52.7 Net last reported.
Any additional output is straight extra cash flow.
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