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.

TSX:PIF - Post by User

Polaris Renewable Energy Inc

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Comment by Gardner555on Apr 30, 2019 8:35pm

119 Views

Post# 29692057

RE:Private placement offering

Well, PIF must have another project in line or they would not have gotten the $12-15M ready. Will increase interest expense until money is spent and next project in on line.. so maybe couple years. Peru will not really be producing until Jan 2020.. will be interesting to see how market views this development.
Personally, would like another chance to get more shares at 8 or 9 again. We shall see.

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