RAMPF - Polaris Renewable Energy Inc.

Polaris Renewable Energy Inc.

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

https://www.polarisrei.com

Sector(s): Utilities
Industry: Utilities—Renewable
Full Time Employees: 208

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 USD.

Description

Polaris Renewable Energy Inc. engages in the acquisition, development, and operation of renewable energy projects in Latin America. It operates a 72 MW net geothermal facility in Nicaragua; and 4 run-of-river hydroelectric facilities in Peru and Ecuador with approximately 33 MW net capacity; and solar project in the Dominican Republic and 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 June 1, 2023 is 9. The pillar scores are Audit: 7; Board: 10; Shareholder Rights: 1; Compensation: 8.

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.