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Added to YB: 2026-02-25

Pitch date: 2026-02-22

PIF.TO [neutral]

Polaris Renewable Energy Inc.

-2.79%

current return

Author Info

No bio for this author

Company Info

Polaris Renewable Energy Inc. engages in the acquisition, exploration, development, and operation of renewable energy projects in Latin America and the Caribbean.

Market Cap

CAD 184.6M

Pitch Price

CAD 12.18

Price Target

N/A

Dividend

6.79%

EV/EBITDA

5.32

P/E

-67.77

EV/Sales

3.92

Sector

Independent Power and Renewable Electricity Producers

Category

value

Show full summary:
Renewable Energies in Latin America - Polaris Renewable Energy Inc.

PIF.TO (earnings): Q4 rev +3.8% YOY, 2025 production +6% to 810 GWh, 2026 est 775-790 GWh. Net debt $128.7M, 2.25x EBITDA. Entering Mexico w/ 1,000 MW portfolio, 12-16% IRR vs Caribbean's higher returns but faster execution. Targeting 2x EBITDA by 2029 to ~$114M. Trades 19% FCF yield, 0.75x BV, 7% div + buybacks.

Read full article (5 min)