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Polaris Renewable Energy Engages Pareto for Fixed Income Meetings

Polaris Renewable Energy Inc. (TSX:PIF) has engaged Pareto Securities to arrange fixed income meetings with potential investors. The company plans to issue a five-year green bond privately, pending market conditions. Proceeds may refinance existing debt, acquire the Punta Lima wind farm in Puerto Rico, and invest in renewable energy. Corporate and instrument ratings are expected from S&P Global Ratings. The bond issuance will align with Polaris's green finance framework.

The bond will not be available for distribution in Canada. This press release does not constitute an offer to sell or buy in jurisdictions where it is unlawful.

R. E.

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