TORONTO, March 4, 2021 /CNW/ – Polaris Infrastructure Inc. (TSX: PIF) (“Polaris Infrastructure” or the “Company”), a Toronto-based company engaged in the operation, acquisition and development of renewable energy projects in Latin America, is pleased to report its financial and operating results for the three-month period and year ended December 31, 2020.  This earnings release should be read in conjunction with Polaris Infrastructure’s Consolidated Financial Statements and Management’s Discussion and Analysis, which are available on the Company’s website at www.polarisinfrastructure.com and have been posted on SEDAR at www.sedar.com. The dollar figures below are denominated in … Continue Reading

/NOT FOR DISTRIBUTION TO US NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/

TORONTO, Feb. 25, 2021 /CNW/ – Polaris Infrastructure Inc. (“Polaris Infrastructure” or the “Company”) (TSX: PIF) is pleased to announce that it has closed its previously announced offering of 2,556,450 common shares (the “Common Shares”) of Polaris Infrastructure at a price of C$20.25 per Share for aggregate gross proceeds to the Company of C$51,768,112.50, including the full exercise by the Underwriters (defined below) of the over-allotment option (the “Offering”). The Offering was made pursuant to a final short form prospectus dated February 18, … Continue Reading

/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/

TORONTO, Feb. 4, 2021 /CNW/ – Polaris Infrastructure Inc. (TSX: PIF) (“Polaris Infrastructure” or the “Company”) is pleased to announce that it has amended its agreement with a syndicate of investment dealers co-led by Cormark Securities Inc. and Clarus Securities Inc. (collectively, the “Underwriters“) and have agreed to increase the size of its previously announced $40 million “bought deal” public offering. Pursuant to the upsized deal terms, the Underwriters have agreed to purchase 2,223,000 common shares (the “Common Shares“) from the treasury of … Continue Reading

/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/

TORONTO, Feb. 4, 2021 /CNW/ – Polaris Infrastructure Inc. (TSX: PIF) (“Polaris Infrastructure” or the “Company”) is pleased to announce that it has entered into an agreement with a syndicate of investment dealers co-led by Cormark Securities Inc. and Clarus Securities Inc. (collectively, the “Underwriters“) pursuant to which the Underwriters have agreed to purchase 1,975,500 common shares (the “Common Shares“) from the treasury of the Company, at a price of $20.25 per Common Share and offer them to the public by way of … Continue Reading

TORONTO, Feb. 3, 2021 /CNW/ – Polaris Infrastructure Inc. (TSX: PIF) (“Polaris Infrastructure” or the “Company”), a Toronto-based company engaged in the operation, acquisition and development of renewable energy projects in Latin America, is pleased to announce that its board of directors has declared a quarterly dividend of US$0.15 per common share outstanding.  

This dividend will be paid on February 26, 2021 to shareholders of record at the close of business on February 19, 2021. The dividend is an “eligible dividend” as designated for Canadian federal, provincial, and territorial income tax purposes.

The board of directors … Continue Reading

TORONTO, Jan. 11, 2021 /CNW/ – Polaris Infrastructure Inc. (TSX: PIF) (“Polaris Infrastructure” or the “Company”), a Toronto-based company engaged in the operation, acquisition and development of renewable energy projects in Latin America, announced today that it has extended the period of exclusivity to June 30, 2021 for the Memorandum of Understanding (“MOU”) signed in 2020 to acquire the owner of a Panama-based 10 MW run-of-river hydro project called Chuspa (the “Project”) from Navitas Holdings, Inc. of Panama. 

Due to restrictions arising from Covid-19 Polaris was unable to commence the construction of the Project in 2020.  … Continue Reading

TORONTO, Dec. 17, 2020 /CNW/ – Polaris Infrastructure Inc. (TSX: PIF) (“Polaris Infrastructure” or the “Company”), a Toronto-based company engaged in the operation, acquisition and development of renewable energy projects in Latin America, is pleased to announce that its board of directors has approved revised terms to its Power Purchase Agreement (“PPA”) at its San Jacinto geothermal facility in Nicaragua by its wholly-owned subsidiary Polaris Energy Nicaragua, S.A. (“PENSA”).  

After extensive discussions with the Ministry of Energy and Mines in Nicaragua, the Company is proud to announce the following as it relates to the continuing commitment … Continue Reading

TORONTO, Nov. 5, 2020 /CNW/ – Polaris Infrastructure Inc. (TSX: PIF) (“Polaris Infrastructure” or the “Company”), a Toronto-based company engaged in the operation, acquisition and development of renewable energy projects in Latin America, is pleased to report its financial and operating results for the three and nine month periods ended September 30, 2020.  This earnings release should be read in conjunction with Polaris Infrastructure’s Consolidated Financial Statements and Management’s Discussion and Analysis, which are available on the Company’s website at www.polarisinfrastructure.com and have been posted on SEDAR at www.sedar.com.  The dollar figures below are denominated … Continue Reading

TORONTO, Nov. 5, 2020 /CNW/ – Polaris Infrastructure Inc. (TSX: PIF) (“Polaris Infrastructure” or the “Company”), a Toronto-based company engaged in the operation, acquisition and development of renewable energy projects in Latin America, is pleased to announce that its board of directors has declared a quarterly dividend of US$0.15 per common share outstanding.  

This dividend will be paid on November 30th, 2020 to shareholders of record at the close of business on November 20th, 2020. The dividend is an “eligible dividend” as designated for Canadian federal, provincial and territorial income tax purposes.

“Our ability to continue … Continue Reading

TORONTO, Aug. 6, 2020 /CNW/ – Polaris Infrastructure Inc. (TSX: PIF) (“Polaris Infrastructure” or the “Company”), a Toronto-based company engaged in the operation, acquisition and development of renewable energy projects in Latin America, is pleased to announce that its board of directors has declared a quarterly dividend of US$0.15 per common share outstanding.  

This dividend will be paid on August 28, 2020 to shareholders of record at the close of business on August 17, 2020. The dividend is an “eligible dividend” as designated for Canadian federal, provincial and territorial income tax purposes.

“Our ability to continue … Continue Reading

TORONTO, Aug. 6, 2020 Polaris Infrastructure Inc. (TSX: PIF) (“Polaris Infrastructure” or the “Company”), a Toronto-based company engaged in the operation, acquisition and development of renewable energy projects in Latin America, is pleased to report its financial and operating results for the three and six month periods ended June 30, 2020.  This earnings release should be read in conjunction with Polaris Infrastructure’s Consolidated Financial Statements and Management’s Discussion and Analysis, which are available on the Company’s website at www.polarisinfrastructure.com and have been posted on SEDAR at www.sedar.com.  The dollar figures below are denominated in US … Continue Reading

TORONTO, June 17, 2020 /CNW/ – Polaris Infrastructure Inc. (TSX: PIF) (“Polaris” or the “Company”) is pleased to announce that all resolutions were passed at the Company’s annual meeting (the “Meeting”) held via live video webcast today.

In addition to the election of each of the nominee directors discussed in detail below, PricewaterhouseCoopers LLP were re- appointed as auditors of the Company. The board of directors determined prior to the Meeting to withdraw the resolution pertaining to the re-approval of the Company’s omnibus long-term incentive plan and the approval of the unallocated awards thereunder and as such, this resolution … Continue Reading