TORONTO, Nov. 5, 2020 /PRNewswire/ - Polaris
Infrastructure Inc. (TSX: PIF) ("Polaris Infrastructure" or the
"Company"), a Toronto-based
company engaged in the operation, acquisition and development of
renewable energy projects in Latin
America, is pleased to announce that its board of directors
has declared a quarterly dividend of US$0.15 per common share outstanding.
This dividend will be paid on November
30th, 2020 to shareholders of record at the close of
business on November 20th, 2020. The
dividend is an "eligible dividend" as designated for Canadian
federal, provincial and territorial income tax purposes.
"Our ability to continue to pay a dividend during these
challenging times is a testament to the strength of our business
model and reinforces the board of directors' commitment of paying
such a quarterly dividend" commented Marc
Murnaghan, CEO of Polaris Infrastructure.
About Polaris Infrastructure
Polaris Infrastructure is a Toronto-based company engaged in the
operation, acquisition and development of renewable energy projects
in Latin America. Currently, the Company operates a 72MW
geothermal project located in Nicaragua and a 5MW as well as another 28 MW
of run-of-river projects located in Peru.
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SOURCE Polaris Infrastructure Inc.