Polaris Renewable Energy Inc. (PIF.TO)

14.93 +0.08 (+0.54%) At close: 04:00PM EST

Polaris Renewable Energy Inc.

7 St. Thomas Street
Suite 606
Toronto, ON M5S 2B7
Canada

https://www.polarisinfrastructure.com

Sector(s): Utilities
Industry: Utilities—Renewable
Full Time Employees: 151

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Marc Murnaghan	CEO & Director	562.9k	N/A	1972
Mr. Anthony Jelic CPA, CGA	Chief Financial Officer	289.4k	N/A	N/A
Mr. Alexis Guillermo Osorno	Sr. VP of Latin America	N/A	N/A	N/A

Amounts are as of December 31, 2021 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, development, and operation of renewable energy projects in Latin America. The company operates a 72 MW net geothermal facility in Nicaragua; and three run-of-river hydroelectric facilities in Peru with approximately 5 MW net, 8 MW net, and 20 MW net capacity. It also operates a solar project in the Dominican Republic with 32.6 MWdc. 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 based in Toronto, Canada.

Corporate Governance

Polaris Renewable Energy Inc.’s ISS Governance QualityScore as of January 28, 2023 is 2. The pillar scores are Audit: 6; Board: 2; Shareholder Rights: 1; Compensation: 7.

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.