Polaris Renewable Energy Inc. (N4T.F)

8.35 -0.10 (-1.18%) At close: 09:55PM CEST

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
Industry: Utilities - Renewable
Full-time employees: 235

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Marc Murnaghan	CEO & Director	609.6k	N/A	1972
Mr. Anthony Jelic CPA, CGA	Chief Financial Officer	298.17k	N/A	N/A
Mr. Alexis Guillermo Osorno	Senior Vice President of Latin America	185.65k	N/A	N/A
Ms. Alba Seisdedos	Vice President of Taxation & Legal Affairs	N/A	N/A	N/A
Mr. Guzman Fernandez	Vice President of Corporate Development	N/A	N/A	N/A
Mr. Michael Kosianic	Executive Vice President of Project Finance	N/A	N/A	N/A
Ms. Denise Parada	Vice President of Sustainability & Transformation	N/A	N/A	N/A

Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in EUR.

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 1 May 2024 is 4. 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 10 indicates higher governance risk.