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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

Post by fairweather1on Feb 04, 2021 10:01pm
312 Views
Post# 32480744

next announcement after Panama?

next announcement after Panama?Althought they've definitely focused on small/medium projects up to now, I remember CEO emphasizing that there might be something bigger in the works. So, after Panama is finalized, I wonder if we might see something a bit bigger leveraged (hence the new cash infusion). 

Having said that, I don't mind smaller additions, as they are harder to screw up badly.

As for why recent stock surge, I can't help but think it simply has to do with valuations realative to sector. book value and p/e are vastly better than companies like Boralex, Innergex, ...

The only thing polaris lacks is a bit more diversification, but that is clearly coming.
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