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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 Ijustneed2milon Jan 14, 2015 3:27pm
109 Views
Post# 23319619

RE:RE:RE:RE:RE:RE:RE:Gather 'round the campfire for stories all things Cosmicac

RE:RE:RE:RE:RE:RE:RE:Gather 'round the campfire for stories all things Cosmicac
Stop being a cyber bully. That would be a good place to begin. Cosmic my be overly optimistic, but he deserves more respect. ------------------------ From what I've seen of geothermal, companies really do not know what the resource will produce until it has been drilled. From there, production is more predictable as the company becomes more familiar with the geothermal field. So, Ram's experience with the geothermal field should have value. It is also a resource that is producing $50 million of revenue per year which has some value. Continued operation of the plant and further exploration are valuable to the Nicaraguan government. I'm not saying this deal will get done, or the shareholders will not get screwed in a massive dilutive hose down, but there is still a chance that a legitimate agreement is reached that benefits the majority of stakeholders. I just don't want to be the bag holder. Thank you Cosmic for looking on the bright side.
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