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2 clusters · 3 sources · 15 days · First seen · Last updated

Polaris Renewable Energy financial performance

Overview

Polaris Renewable Energy Inc. reported its second-quarter 2026 financial and operating results, showing a decline in performance compared to the previous year. Consolidated energy generation fell by 8% to 199,130 MWh, impacted by curtailment in the Dominican Republic, changes in hydrological conditions in Peru and Ecuador, and reduced geothermal output in Nicaragua due to steam field depletion.

As a result, energy-sales revenue decreased to US$19.935 million from US$21.642 million in Q2 2025. The company recorded a net loss attributable to shareholders of US$0.8 million, a shift from a US$2.2 million profit in the prior year. Despite these declines, the board declared a quarterly dividend of US$0.15 per common share, payable on 21 August 2026.

Entities

Marc Murnaghan · Per Axel Koch · Alba Seisdedos · Polaris Media · Polaris Renewable Energy Inc.

Timeline

  1. 14 days ago

    [BUSINESS] 3 sources
    Polaris Media reports strongest half-year results in years

    Polaris Media reported its strongest half-year results in years, with a 150 million NOK EBITDA driven by digital subscription growth and strategic cost measures in Norway and Sweden.

  2. 28 days ago

    [BUSINESS] 6 sources
    Polaris Renewable Energy posts Q2 2026 results and announces $0.15 dividend

    Polaris Renewable Energy posted Q2 2026 results: 8% drop in generation to 199,130 MWh, revenue $19.9 M, adjusted EBITDA $13.7 M, net loss $0.8 M, and announced a $0.15 per share dividend payable 21 Aug 2026.

Sources

barista.se · kampanje.com · opdalingen.no