Polaris Renewable Energy reports Q1 EPS (3c) vs. (49c) last year

Reports Q1 revenue $19.8M vs. $20.3M last year. For the quarter ended March 31, 2026 consolidated energy production decreased by 5% compared to the same quarter in 2025, with total production of 205,317 MWh versus 216,344 MWh for the quarter ended March 31, 2025. The decrease was attributable to the scheduled major maintenance in Nicaragua, with no major maintenance in the comparative period, as well as higher curtailment in the Dominican Republic. This was partially offset by improved production in Peru and a full quarter of operating results from Puerto Rico, compared to only one month of contribution following its acquisition in 2025.”During the first quarter of 2026, Polaris delivered resilient operating performance despite temporary headwinds including scheduled maintenance in Nicaragua and elevated curtailment in the Dominican Republic, with impacts partially offset by strong results in Peru and contributions from our Puerto Rico wind asset, underscoring the strength of our underlying business and solid liquidity position. We continued to advance key strategic initiatives and we look forward to sharing positive developments from our pipeline in the coming quarter as we remain focused on disciplined growth and long-term value creation,” said Marc Murnaghan, Chief Executive Officer of Polaris Renewable Energy (RAMPF).