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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

Comment by DocJunioron May 10, 2021 12:59pm
302 Views
Post# 33165653

RE:Patience is a virtue with this one

RE:Patience is a virtue with this one
PIF remains a really undervalued stock with huge upside. I just wish management moved a bit faster on new projects. With a 12-36 time frame for construction of new projects, any M&A activity that has been suggested over the last year still has a significant lag time before it will be reflected in cash flow. I got in at ~$10 and doubled down during the crash, so I'm still happy with my returns, but down 30% from the peak is a bit painful and strains my patience when another quarter goes by without material announcements on M&A
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