Polaris Infrastructure (TSE:PIF) has released an update.
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Polaris Renewable Energy has successfully raised $175 million through its first bond issue, drawing strong interest from international investors. The funds will be used to refinance existing debts and invest in renewable energy projects, including a wind farm in Puerto Rico. This move is set to enhance Polaris’ capital structure and support its growth strategy.
For further insights into TSE:PIF stock, check out TipRanks’ Stock Analysis page.