(PIF) Polaris Infrastructure - Ratings and Ratios

Polaris Renewable Energy Inc. operates as a renewable energy company focused on developing, acquiring, and managing clean energy projects across Latin America. The company owns and operates a diversified portfolio of renewable energy assets, including geothermal, hydroelectric, and solar power facilities. Its flagship asset is an 82 MW net geothermal facility in Nicaragua, which provides stable and consistent baseload power. Additionally, the company operates three run-of-river hydroelectric facilities in Peru with a combined capacity of 33 MW, a 25 MW solar plant in the Dominican Republic, a 6 MW run-of-river hydroelectric facility in Ecuador, and a 10 MW solar plant in Panama. These projects are strategically located in regions with favorable renewable energy resources and regulatory frameworks. Polaris Renewable Energy Inc. was previously known as Polaris Infrastructure Inc. and rebranded in July 2022 to reflect its increased focus on renewable energy. The company is incorporated in Canada and is headquartered in Toronto, with a strong commitment to sustainability and decarbonization in the Latin American region.

The companys renewable energy projects are designed to capitalize on Latin Americas abundant natural resources, including geothermal energy in Nicaragua, hydroelectric potential in Peru and Ecuador, and solar resources in the Dominican Republic and Panama. By diversifying its portfolio across multiple countries and technologies, Polaris Renewable Energy Inc. aims to mitigate geographical and operational risks while ensuring a stable revenue stream. The companys assets are supported by long-term power purchase agreements (PPAs), providing visibility into future cash flows. Polaris Renewable Energy Inc. is well-positioned to benefit from the growing demand for clean energy in Latin America, driven by government policies, international climate agreements, and increasing environmental awareness.