Bullboard - Stock Discussion Forum 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... see more

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Polaris Renewable Energy Inc > Volume up after long quiet period

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Post by rational on Sep 17, 2024 9:08pm

Volume up after long quiet period

Obviously today's low inflation announcement might partly explain some of the enthusiasm, but it has been quite a while since they've had any impactful news, so maybe something is brewing at PIF.

As indicated in their quarterly conference call, they have a number of irons in the fire, albeit mostly small to medium projects, but they've also been looking at non traditional investments.

At the very least I hope they will announce something regarding canoa (expansion or at least completion of panel replacement). I think the DR government was to entertain bids on new energy projects in q4. Also, on Aug 1 the ceo estimated the possible timing of an acquisition to be 60-90 days.

Q4 is only days away...