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Home » News » Wind Energy » Polaris Renewable Energy to Acquire Controlling Stake in Puerto Rico Wind Farm
Wind Energy

Polaris Renewable Energy to Acquire Controlling Stake in Puerto Rico Wind Farm

By Stanley SheltonNovember 1, 20241 Min Read
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Polaris Renewable Energy Inc. has announced a USD 20-million agreement to acquire a controlling interest in the Punta Lima Wind Farm in Puerto Rico, an operational 26-MW wind facility currently owned by Banco Santander's unit. Structured as a tax-equity deal, Polaris will manage and operate the site while Santander retains a tax equity interest. Located

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