Polaris Renewable Energy Inc. (OTCPK:RAMPF) Q2 2025 Earnings Conference Call July 31, 2025 10:00 AM ET
Company Participants
Anthony Jelic – Chief Financial Officer
Marc Murnaghan – CEO & Director
Conference Call Participants
Nicholas Boychuk – Cormark Securities Inc., Research Division
Operator
Welcome to the Polaris Renewable Energy Inc. Second Quarter 2025 Conference Call.
[Operator Instructions] I would now like to turn the call over to Anton Jelic. The floor is yours.
Anthony Jelic
Thanks, Kelly. Good morning, everyone, and welcome to the second quarter earnings call for Polaris. In addition to our press releases issued earlier today, you can find our financial statements and MD&A on both SEDAR+ and on our corporate website at polarisrei.com. Unless noted otherwise, all amounts referred to are denominated in U.S. dollars.
I’d also like to remind you that comments made during this call may include forward-looking statements within the meaning of applicable Canadian securities legislation, regarding the future performance of Polaris Renewable Energy and its subsidiaries. These statements are current expectations and as such, are subject to a variety of risks and uncertainties that could cause actual results to differ materially from current expectations. These risks and uncertainties include the factors discussed in our company’s annual information form for the year ended December 31, 2024.
At this time, I’ll walk you through our financial highlights. Power generation. Consolidated power production for the quarter was 215,797 megawatt hours versus 186,886 megawatt hours for the same period in 2024. In Nicaragua, in the second quarter of 2025, our production was 110,895 megawatt hours, marginally lower compared to the same period last year at 114,046 megawatt hours.
For the 3 months ended June 30, total production from the company’s 3 hydroelectric facilities in Peru was 54,778 megawatt hours versus 42,374 megawatt hours during the same period last
#Polaris #Renewable #Energy #RAMPF #Earnings #Call #Transcript