Barahona Province

DGAP-News: Polaris Renewable Energy Announces Q2 2022 Results

Retrieved on: 
Thursday, August 4, 2022
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TORONTO, ON / ACCESSWIRE / August 4, 2022 / Polaris Renewable Energy Inc. (TSX:PIF) ("Polaris Renewable Energy" or the "Company"), is pleased to report its financial and operating results for the three and six months ended June 30, 2022.

Key Points: 
  • TORONTO, ON / ACCESSWIRE / August 4, 2022 / Polaris Renewable Energy Inc. (TSX:PIF) ("Polaris Renewable Energy" or the "Company"), is pleased to report its financial and operating results for the three and six months ended June 30, 2022.
  • On July 5, 2022, the Company changes its name from Polaris Infrastructure Inc. to Polaris Renewable Energy Inc. following the continuance of the Company from the laws of the Province of British Columbia to the laws of the Province of Ontario.
  • The name change and continuance were approved by shareholders at the Company's annual and special meeting held on June 23, 2022.
  • Construction of the solar plant began in March 2022 and is expected to be completed in December 2022.

DGAP-News: Polaris Infrastructure Announces Closing of Acquisition in the Dominican Republic

Retrieved on: 
Wednesday, June 29, 2022
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TORONTO, ON / ACCESSWIRE / June 28, 2022 / All amounts in USD unless otherwise stated) - Polaris Infrastructure Inc. (TSX:PIF) ("Polaris" or the "Company"), announced today that it has closed the previously announced acquisition of an operational solar project in the Dominican Republic.

Key Points: 
  • TORONTO, ON / ACCESSWIRE / June 28, 2022 / All amounts in USD unless otherwise stated) - Polaris Infrastructure Inc. (TSX:PIF) ("Polaris" or the "Company"), announced today that it has closed the previously announced acquisition of an operational solar project in the Dominican Republic.
  • Polaris has completed the acquisition from a Canadian based renewable energy developer, Potentia Renewables Inc., a 32 MWdc operational solar project named Canoa 1 (the "Project") located in the Barahona Province, Dominican Republic.
  • In addition, we view the Dominican Republic as a very attractive market for Polaris to grow and develop further renewable projects."
  • Polaris Infrastructure is a Toronto-based company engaged in the operation, acquisition, and development of renewable energy projects in Latin America.

DGAP-News: Polaris Infrastructure Announces Q1 2022 Results

Retrieved on: 
Thursday, May 5, 2022
El Carmen, Mission statement, Carbon, EBITDA, Senior, COD, SPA, COVID-19, Company, MWS, Annual report, CER, Canchayllo District, Polaris, Depreciation, Acquisition, PPA, Health, Project, Sale, Barahona Province, Debt, TSX, ESG, SEDAR, Security (finance), Renewable energy, Watt

TORONTO, ON / ACCESSWIRE / May 5, 2022 / Polaris Infrastructure Inc. (TSX:PIF) ("Polaris Infrastructure" or the "Company"), is pleased to report its financial and operating results for the three-months period ended March 31, 2022.

Key Points: 
  • TORONTO, ON / ACCESSWIRE / May 5, 2022 / Polaris Infrastructure Inc. (TSX:PIF) ("Polaris Infrastructure" or the "Company"), is pleased to report its financial and operating results for the three-months period ended March 31, 2022.
  • Adjusted EBITDA (1)was $12.1 million for the period ended March 31, 2022, compared to $11.9 million in the same period in 2021.
  • For the period ended March 31, 2022, the Company generated $7.6 million in net cash flow from operating activities, ending with a strong cash position of $87.2 million (2).
  • Continued progress on the construction of the Binary power plant at San Jacinto, which is on schedule for completion in the fourth quarter of 2022.