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Polaris Renewable Energy Inc. (PIF.TO)

Toronto - Toronto Real Time Price. Currency in CAD
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11.57+0.03 (+0.26%)
At close: 04:00PM EDT

Polaris Renewable Energy Inc.

7 St. Thomas Street
Suite 606
Toronto, ON M5S 2B7
Canada
647 245 7199
https://www.polarisrei.com

Sector(s)Utilities
IndustryUtilities - Renewable
Full Time Employees235

Key Executives

NameTitlePayExercisedYear Born
Mr. Marc MurnaghanCEO & Director907.1kN/A1972
Mr. Anthony Jelic CPA, CGAChief Financial Officer443.68kN/AN/A
Mr. Alexis Guillermo OsornoSenior Vice President of Latin America276.25kN/AN/A
Ms. Alba SeisdedosVice President of Taxation & Legal AffairsN/AN/AN/A
Mr. Guzman FernandezVice President of Corporate DevelopmentN/AN/AN/A
Mr. Michael KosianicExecutive Vice President of Project FinanceN/AN/AN/A
Ms. Denise ParadaVice President of Sustainability & TransformationN/AN/AN/A
Amounts are as of December 31, 2022 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in CAD.

Description

Polaris Renewable Energy Inc. engages in the acquisition, exploration, development, and operation of renewable energy projects in Latin America. It operates 82 megawatts (MW) net geothermal facility in Nicaragua; and 3 run-of-river hydroelectric facilities in Peru, with combined capacity of approximately 33 MW; a 25 MW solar plant facility in the Dominican Republic; a 6 MW run-of-river hydroelectric facility in Ecuador; and a 10 MW solar plant in Panama. The company was formerly known as Polaris Infrastructure Inc. and changed its name to Polaris Renewable Energy Inc. in July 2022. Polaris Renewable Energy Inc. was incorporated in 1984 and is headquartered in Toronto, Canada.

Corporate Governance

Polaris Renewable Energy Inc.’s ISS Governance QualityScore as of April 1, 2024 is 3. The pillar scores are Audit: 10; Board: 2; Shareholder Rights: 4; Compensation: 5.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.