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TORONTO - Polaris (NYSE:PII) Renewable Energy Inc. (TSX:PIF) announced that shareholders elected all six director nominees proposed by management during the company’s annual meeting held Thursday via video webcast.
The elected directors include Jaime Guillen, James V. Lawless, Marc Murnaghan, Marcela Paredes de Vásquez, Catherine Fagnan, and Adarsh P. Mehta. Each received between 83.72% and 96.60% of votes cast, with Murnaghan securing the highest approval rate at 96.60%.
According to the voting results released in a company press release, shareholders cast votes either by proxy or through online ballot during the virtual meeting. The directors will hold their positions until the next annual meeting or until successors are elected.
Polaris Renewable Energy operates renewable energy projects across Latin America and the Caribbean with a diversified portfolio that includes a geothermal plant (82 MW), four run-of-river hydroelectric plants (39 MW), three solar photovoltaic projects (35 MW), and an onshore wind park (26 MW).
The Toronto-based company describes itself as a contributor to the energy transition in these regions through its renewable energy operations.
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