RAMPF - Polaris Infrastructure: Undervalued Renewable Energy Operator With A Twist

Overview

Polaris Infrastructure (RAMPF) is an operator of hydroelectric and geothermal power plants in South America. The Toronto-based company continues to deliver strong top line and bottom line growth yet, as a function of its undercoverage and small market cap, remains a hidden gem for both value and income investors. In addition to giving a qualitative overview of the numerous strengths of this renewable energy operator, I also provide a zero-growth model at the end to give some numerical sense of how undervalued I believe this company is.

As mentioned in previous articles, 2018 was