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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 03, 2015 8:02pm
108 Views
Post# 23596049

RE:RE:End of Month - March 2015

RE:RE:End of Month - March 2015My guess at 2015 1st Q Rev is $11.789M.

4th was off .. my guess was $13.255 but came in $12.857M. Oh well.

Do see that yesterday Nic was 58.18MW.. and today looks low too.. around 58 MW also. Does seem like they just turned them down.. or there is some request from Grid operator to not put out the full 61MW..  

Have not had chance to read YE reports but .. I do expect 2015 Rev , based on 61MW for rest of year to come in around $52.6M. This is $4.5M more than last year.. so they should be able to put that to work drilling a few wells, esp considering they paid off $4M of old drilling costs. Do not see any big insights posted here.. too bad.. seems like management is being conservative in their reporting on ye mda n financials.   Really thought they would announce a new test of system.. as we all know.. they should announce this..  with improved performance and 2 pik corp bond payments Ram could survive as is without a JV dilution. Are you reading this Ram??

All the best to longs...
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