MPC Energy Solutions completes acquisition of Combined Heat & Power (CHP) plant in Puerto Rico
Amsterdam/Oslo – 22 March 2022 – MPC Energy Solutions (MPCES) is proud to announce the completion of the acquisition of its Neol CHP plant, a 3.4 MW Combined Heat and Power (CHP) plant in Caguas, Puerto Rico. The USD 9 million investment was pending the completion of the construction phase. The plant is majority-owned by MPC Energy Solutions and is now generating its first kWhs with a long-term Power Purchase Agreement (PPA) in place to supply Neolpharma Inc., a pharmaceutical company. Martin Vogt, CEO at MPC Energy Solutions, said: “The commissioning of Neol CHP is another important