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 Apr 27, 2021 3:22pm

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Post# 33075998

Varun Anand on BNN today - Top Pick

Varun Anand

TOP PICK

Polaris Infrastructure (PIF-T)

April 27, 2021

Boasts a reasonable valuation in the renewable space. A unique opportunity. Operates in Nicaragua and Peru. Recently, they extended their contract of their flagship geothermal facility to 2039. They have a lot of cash for possible M&A in Latin America to buy good assets. (Analysts’ price target is $28.00)

Varun Anand

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