Polaris Renewable 2025 revenue rises 6.2% on Punta Lima Wind Farm acquisition

Polaris Renewable Energy

19/02/2026 12:59

Overview

Canada renewable energy firm's 2025 revenue grew 6.2% yr/yr, driven by Punta Lima acquisition

Company reported net loss of $2.7 mln for 2025, contrasting with prior yr profit

Company settled credit facilities as part of debt optimization strategy

Outlook

Company expects BESS project construction to take approximately 12 months post-approval

Polaris remains constructive on BESS project progress despite pending regulatory approvals

Company maintains focus on quarterly dividend payments to shareholders

Result Drivers

PUNTA LIMA CONTRIBUTION - Revenue increase attributed to acquisition of Punta Lima Wind Farm in March 2025

FAVORABLE CONDITIONS - Higher production in Peru and Ecuador due to favorable hydrology and strong plant availability

PRODUCTION CHALLENGES - Lower production in Nicaragua and Dominican Republic due to geothermal output decline and curtailment

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
FY Net Income
-$2.70 mln
FY Adjusted EBITDA
$56.50 mln
FY Cash Flow from Operating Activities
$93.20 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the independent power producers peer group is "buy"

Wall Street's median 12-month price target for Polaris Renewable Energy Inc is C$21.00, about 71.4% above its February 18 closing price of C$12.25

The stock recently traded at 22 times the next 12-month earnings vs. a P/E of 28 three months ago

Press Release: ID:nACS2MqNBa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)