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

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Post by Possibleidiot01on Sep 22, 2020 3:08pm

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Post# 31598459

Stephen Takacsy on BNN today

Polaris Infrastructure (PIF-T)

September 22, 2020

They make geothermal renewable energy in Peru, Panama and elsewhere. There is political risk in some territories; governments can renege on payments, though he hopes Latin America won't do this. He already owns Boralex and other renewables, so he knows this industry. Beware of the risks if you buy. It's priced accordingly and trading at a much-lower multiple than its peers. So, there is good upside. Trading at 5-6x EBITDA.

Stephen Takacsy, B. Eng, MBA

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