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Polaris Renewable Energy Inc
7 St. Thomas St. Suite 606
TORONTO, ON  M5S 2B7  Canada Ticker: PIFPIF
Business Summary
Polaris Renewable Energy Inc. is engaged in the acquisition, development, and operation of renewable energy projects in Latin America and the Caribbean. Its operations include a geothermal plant (82 MW), four run-of-river hydroelectric plants (39 MW), three solar (photovoltaic) projects in operation (35 MW) and an onshore wind park (26 MW). It also operates a wind power plant called Punta Lima Wind Farm, with a capacity of 26.0 MW, located in the Municipality of Naguabo, Puerto Rico. San Jacinto is located in northwestern Nicaragua and is the generator of renewable energy in Nicaragua, contributing significantly to the overall energy requirements of the country. Through its subsidiary, Generacion Andina SAC, it owns 8 de Agosto, a Run of River hydroelectric operation located in the town of Aucantagua, in the District of Monzon in the Department of Huanuco. Its subsidiary, Emerald Solar Energy SRL, operates the Canoa I Solar Park located in the Barahona Province, Dominican Republic.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
YesYes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
12/31/202412/31/2024Yes----

Industries
SIC Code Description
4911 Electric services

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Independent Chairman of the Board JaimeGuillen 62 3/4/2020 5/1/2015
Chief Executive Officer, Director Marc J.Murnaghan 52 5/13/2015 5/13/2015
Chief Financial Officer AnthonyJelic 12/10/2018 12/10/2018
5 additional Officers and Directors records available in full report.

Subsidiaries
Business Name Address City State/Province Country
Sierra Geothermal Power Corporation 555 Burrard Street Vancouver BC Canada
Punta Lima Wind Farm LLC 58J4+R72 Naguabo PR United States

Business Names
Business Name
Hidroelectric San Jose de Minas S.A
Meager Creek Development
PIF
8 additional Business Names available in full report.

General Information
Number of Employees: 205 (As of 12/31/2024)
Outstanding Shares: 21,055,042 (As of 12/31/2024)
Stock Exchange: TSE


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Saturday, April 19, 2025