Polaris Renewable Energy Inc T.PIF

Alternate Symbol(s): RAMPF

Utilities Utilities - Independent Power Producers

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.

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Polaris Renewable Energy Inc

Bullboard Posts

Comment by nini222on Sep 06, 2018 11:39am

113 Views

Post# 28572294

RE:RE:RE:RE:Seeking Alpha article.. good but wait for lower price.

Great point on the cash, I missed that it was held in the US. Although, one has to wonder if the lenders have some claim on it or if there security ends with the asset itself. I will admit I've done only surface level due diligence.

I don't really disagree with anything you said. The situation is still a little too binary for me, waiting for it to become less so will mean I'll lose out on gains but will hopefully protect from the downside.

It is now trading at 4x EV/EBITDA....at even 7x I have it $20US/share.

Good luck!

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