News

Board of Directors confirmed for geothermal operator & developer Polaris Infrastructure

Pipes at San Jacinto geothermal plant, Nicaragua (source: Polaris Infrastructure)
Alexander Richter Alexander Richter 21 Jun 2018

At its Annual Meeting, the nominees for the Board of Directors of Canadian geothermal developer and operator Polaris Infrastructure were voted into the Board and all resolutions put forth were confirmed.

As announced by the company following its Annual Meeting yesterday, the five nominees set forth in the management information circular of the Company dated May 10, 2018, were elected as directors of the Company to hold office until the close of the next annual meeting of the Company’s shareholders.

Polaris Infrastructure Inc. (TSX:PIF), is a Toronto-based company engaged in the operation, acquisition and development of renewable energy projects in Latin America.Currently, the Company operates a 72MW geothermal project located in Nicaragua. The company also announces that all resolutions were passed at the annual meeting.

In addition to the election of each of the nominee directors discussed in detail below, PricewaterhouseCoopers LLP were re-appointed as auditors of the Company.

Election of Directors

The following are the voting results on this matter:

Director

Number of Votes

Percentage of Votes Cast
(rounded)

Votes
For:

Votes
Withheld:

Votes
For:

Votes
Withheld:

Jorge Bernhard

6,322,903

365,238

94.54%

5.46%

James V. Lawless

6,603,386

84,755

98.73%

1.27%

Marc Murnaghan

6,624,486

63,655

99.05%

0.95%

Jaime Guillen

6,602,876

85,265

98.73%

1.27%

C. Thomas Ogryzlo

6,299,609

388,532

94.19%

5.81%

 

Source: Company release (pdf)