Polaris Renewable Energy Announces Corporate and Bond Instrument Credit Rating
Polaris Renewable Energy (TSX:PIF) has received a corporate credit and bond instrument rating of BB- with Stable Outlook from S&P Global Ratings. This international credit rating assessment represents a significant milestone in the company's financial standing evaluation.
Polaris Renewable Energy (TSX:PIF) ha ricevuto un rating per il credito aziendale e gli strumenti obbligazionari di BB- con Outlook Stabile da S&P Global Ratings. Questa valutazione internazionale del rating creditizio rappresenta un traguardo significativo nella valutazione della posizione finanziaria dell'azienda.
Polaris Renewable Energy (TSX:PIF) ha recibido una calificación de crédito corporativo y de instrumentos de bonos de BB- con Perspectiva Estable por parte de S&P Global Ratings. Esta evaluación internacional del rating crediticio representa un hito significativo en la evaluación de la situación financiera de la empresa.
폴라리스 재생 에너지 (TSX:PIF)는 S&P 글로벌 레이팅으로부터 BB- 안정적 전망이라는 기업 신용 및 채권 상품 등급을 받았습니다. 이 국제 신용 등급 평가는 회사의 재무 상태 평가에서 중요한 이정표를 나타냅니다.
Polaris Renewable Energy (TSX:PIF) a reçu une notation de crédit d'entreprise et d'instruments obligataires de BB- avec une Perspective Stable de S&P Global Ratings. Cette évaluation internationale de notation crédit représente une étape significative dans l'évaluation de la situation financière de l'entreprise.
Polaris Renewable Energy (TSX:PIF) hat von S&P Global Ratings eine Unternehmens- und Anleiheneinstufung von BB- mit stabiler Perspektive erhalten. Diese internationale Kreditrating-Bewertung stellt einen bedeutenden Meilenstein in der finanziellen Bewertung des Unternehmens dar.
- Received BB- credit rating from S&P Global Ratings, a recognized international agency
- Stable outlook assessment indicates expected credit stability
- BB- rating falls within speculative grade category, below investment grade
TORONTO, ON / ACCESSWIRE / November 8, 2024 / Polaris Renewable Energy Inc. (TSX:PIF) ("Polaris" or the "Company") is pleased to announce that international credit rating agency S&P Global Ratings has assigned corporate credit and bond instrument ratings of BB- with Stable Outlook to Polaris.
About Polaris Renewable Energy Inc.
Polaris Renewable Energy Inc. is a Canadian publicly traded company engaged in the development, construction, acquisition, and operation of renewable energy projects in five countries in Latin America and the Caribbean.
The Company's operations include a geothermal plant (~82 MW), four run-of river hydroelectric plants (~40 MW), three solar (photovoltaic) projects in operation (~35 MW) and one wind park (26 MW) following closing of the Puerto Rico acquisition.
For more information, contact:
Investor Relations
Polaris Renewable Energy Inc.
Phone: +1 647-245-7199
Email: info@PolarisREI.com
SOURCE: Polaris Renewable Energy Inc.
View the original press release on accesswire.com
FAQ
What credit rating did S&P Global assign to Polaris Renewable Energy (TSX:PIF) in November 2023?
Is Polaris Renewable Energy's BB- credit rating considered investment grade?
What does the Stable Outlook mean for Polaris Renewable Energy's credit rating?
