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In March 2022, Polaris closed a transaction with a Panamanian developer to construct, own and operate two solar plants totaling 13.4 MWdc (the “Solar Projects”) located in the village of Vista Hermosa, Corregimiento de Pueblos Unidos, Aguadulce district, Coclé Province.

The Vista Hermosa Solar Parks, currently under construction, are two and a half hours by car from Panama City and will connect to the national transmission network (National Interconnected System) at the ETESA Substation (Electric Transmission Company) of Llano Sánchez through an air-underground electric sub-transmission line of about 3 Km in length.

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