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 > Q1 CC

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Comment by Methodon May 08, 2021 3:06pm

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Post# 33160264

RE:RE:RE:Q1 CC

Thanks. That should free up a material amount of capital for growth.

Capharnaum wrote:

Method wrote:
Thanks for the summary.

Did they talk about timing/terms for refinancing the San Jacinto debt?

They did. They have multiple options. It should get done within 6 months if I understood well. They will likely get a longer term which will reduce repayments and increase cashflows.