Polaris Renewable Energy Receives BB- Credit Rating from S&P

Polaris Renewable Energy Inc. announced that S&P Global Ratings has assigned the company a corporate credit and bond instrument rating of BB- with a Stable Outlook. This development signifies the company's financial health and creditworthiness in the renewable energy sector.

Polaris Renewable Energy, a Canadian publicly traded entity, operates across Latin America and the Caribbean. It boasts a diverse portfolio, including an 82 MW geothermal plant, four run-of-river hydroelectric plants with a combined capacity of 40 MW, three operational solar projects totaling 35 MW, and a 26 MW wind park in Puerto Rico.

This rating can potentially influence investor perceptions and financial strategies, aligning with the company's focus on sustainable energy solutions.