Polaris Renewable Energy Inc. (RAMPF)
Polaris Renewable Energy Inc. operates in the Renewable Utilities industry of the Utilities sector, headquartered in Toronto, ON, CA. The stock last traded at $9.52, down 2.76% on the session, giving a market capitalisation of $199.0M. On trailing twelve-month figures it carries a trailing P/E of 49.27, a net margin of 5.3%. Its beta of 0.63 implies it has historically moved less than the broad market.
Headquartered in Toronto, Canada, Polaris Renewable Energy Inc. specializes in the acquisition, development, and operation of renewable energy projects primarily across Latin America. Its operational assets include a 72 MW net geothermal power plant in Nicaragua, as well as three run-of-river hydroelectric facilities in Peru with capacities of 5 MW net, 8 MW net, and 20 MW net. Additionally, the company manages a 32.6 MWdc solar installation in the Dominican Republic. The company was founded in 1984 and adopted its current name, Polaris Renewable Energy Inc., in July 2022, previously being known as Polaris Infrastructure Inc.
Polaris Renewable Energy Inc. is most often compared with the following Utilities names: