RAMPF - Polaris Infrastructure - High Dividend With Growth Potential For The Patient Investor
Introduction
Polaris Infrastructure(RAMPF) is a Canada-based company operating and developing renewable energy projects in Latin America.
Currently, the company operates renewable energy assets in Nicaragua and Peru. Due to the turmoil in Nicaragua, the shares lost close to half their value in 2018 and whilst there are still significant risks regarding the political situation, I believe Polaris Infrastructure is an interesting opportunity for an investor willing to be patient whilst collecting a 5.8% dividend.
Current operations
Geothermal and hydroelectric energy assets, although requiring large investment initially, once fully operational they are cost-effective