Polaris Renewable Q1 FY26 net loss narrows to USD 631,000; revenue slips to USD 19.8 million

  • Polaris Renewable Energy posted a net loss attributable to shareholders of USD 631,000, narrowing from a USD 10.4 million loss a year earlier.
  • Revenue slipped 2.56% to USD 19.77 million, while consolidated energy production fell 5% to 205,317 MWh.
  • Adjusted EBITDA declined to USD 13.46 million from USD 15.03 million.
  • Net cash provided by operating activities dropped to USD 8.53 million from USD 11.77 million, ending quarter with USD 97.54 million cash including USD 5.6 million restricted.
  • PREPA board cleared the SO1 agreement for a 71.4 MW battery storage project, pending FOMB approval; quarterly dividend held at USD 0.15 per share, payable May 22.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Polaris Renewable Energy Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202605070750ACCESSWRNAPR_____1164713) on May 07, 2026, and is solely responsible for the information contained therein.

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