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Polaris Infrastructure Inc.

Exchange: TSX Exchange | May 22, 2019, 11:48 AM EDT

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Polaris Infrastructure Announces Appointment of Chief Financial Officer
Polaris Infrastructure Announces Appointment of Chief Financial Officer

Canada NewsWire

TORONTO, Dec. 10, 2018 /CNW/ - Polaris Infrastructure Inc. (TSX:PIF) ("Polaris Infrastructure" or the "Company"), a Toronto-based company engaged in the operation, acquisition and development of renewable energy projects in Latin America, announced today the appointment of Anton Jelic, CPA, CGA, as Chief Financial Officer of the Company. Mr. Jelic complements Polaris Infrastructure's existing management team with broad expertise in corporate finance, mergers and acquisitions and accounting, and will provide strategic input as the Company continues to execute on its growth strategy, including the recent expansion into Peru.

Polaris Infrastructure Inc. (CNW Group/Polaris Infrastructure Inc.)

A Chartered Professional Accountant (CPA) / Certified General Accountant (CGA), Mr. Jelic has held a wide range of senior finance positions, including substantial experience in the renewable energy sector.  Mr. Jelic is a graduate of York University in Toronto, Ontario.  In his new role, Mr. Jelic will be taking over for Shane Downey.  Mr. Downey has been Chief Financial Officer of the Company since 2015 and has in recent weeks facilitated a seamless transition to Mr. Jelic. 

Marc Murnaghan, CEO of Polaris Infrastructure, commented, "I want to thank Shane for all his efforts over the last three years.  Shane played a critical role in improving the reporting procedures and internal controls, as well as streamlining head office operations since the restructuring in 2015.  The Board of Polaris Infrastructure wishes him all the best in his future endeavours.  Further, we are pleased to welcome Anton, and look forward to his leadership as we fully integrate operations at our recently acquired hydro operations in Peru."

About Polaris Infrastructure

Polaris Infrastructure is a Toronto-based company engaged in the operation, acquisition and development of renewable energy projects in Latin America.  Currently, the Company owns and operates a geothermal project located in Nicaragua and hydro projects located in Peru.

SOURCE Polaris Infrastructure Inc.

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Investor Relations, Polaris Infrastructure Inc., Phone: +1 416-849-2587, Email: info@polarisinfrastructure.comCopyright CNW Group 2018

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