MPC Energy Solutions reports nearly USD 7 million revenue year-to-date, announces strategic adjustments and efforts to optimize cost structure
Amsterdam/Oslo – 26 October 2023 – MPC Energy Solutions (MPCES, Company) announced its Q3 2023 results today. MPCES generated 74.5 GWh of electricity from its power-generating projects in the first nine months of 2023 (compared to 22.3 GWh in 2022), corresponding to USD 6.3 million in revenues and USD 3.6 million in project EBITDA. The total revenue and project EBITDA, including the Company’s trading activities in Colombia, were USD 6.9 million and USD 3.1 million, respectively, compared to USD 2.5 million revenue and USD 1.6 million project EBITDA for the same period in 2022.