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MPC Energy Solutions reports revenue growth and margin improvements in first quarter; group EBITDA positive for the first time in history

Amsterdam/Oslo – 30 April 2024 – MPC Energy Solutions (“MPCES”, “Company”) published its financial results for the first quarter of 2024 today. An increase in proportionate energy output to 30.0 GWh (Q1 2023: 15.8 GWh) resulted in proportionate project revenues and EBITDA of USD 2.8 million and USD 1.8 million, respectively, up from USD 1.7 million and USD 0.7 million in the first quarter of 2023. The quarter also marks a significant milestone for the company, reporting a positive group EBITDA for the first time in history. “The first quarter results demonstrate that we have done our

MPC Energy Solutions publishes Annual Report and Sustainability Report for 2023, expects significant financial improvements in 2024 after transitional 2023

Amsterdam/Oslo – 2 April 2024 – MPC Energy Solutions (“MPCES”, “Company”) published its Annual Report 2023 today. “2023 was a transitional year for our company. We connected four new projects to the power grids in El Salvador, Puerto Rico and Colombia, significantly growing our installed capacity.”, said Stefan H.A. Meichsner, Chief Financial Officer of MPCES. “In addition, we decided to exit several projects that no longer met our strategic focus and return requirements. And we started several new greenfield developments in core countries across Central America, establishing a

MPC Energy Solutions commences construction of 65 MWp solar PV plant in Guatemala, 16-year PPA signed with IMSA Group

Amsterdam/Oslo – 26 February 2024 – MPC Energy Solutions (“MPCES”, “Company”) announced today that it has started construction of its 65 MWp solar photovoltaics (“PV”) plant San Patricio Renovables in Guatemala. The Company issued a limited notice to proceed to the project’s turnkey EPC contractor and thereby secured very competitive prices for PV modules and other critical equipment required for the project. “We are thrilled to achieve another significant milestone in our company’s history. San Patricio is by far our largest project to date, demonstrating the scalability of our existing

MPC Energy Solutions announces grid connection of solar PV plant Planeta Rica in Colombia; plant will help reduce emissions by over 4,000 tons of CO2 per year

Amsterdam/Oslo – 5 December 2023 – MPC Energy Solutions (“MPCES”, “Company”) announced today that its 26.7 MW solar photovoltaic (“PV”) plant Planeta Rica has been connected and is now supplying energy to the power grid. The project is a joint venture with French developer Akuo Energy. MPCES and Akuo Energy both own a 50% stake in the project . “We are happy to achieve yet another milestone in our company’s history. We expect the plant to achieve full capacity early next week, and the project is now delivering clean and affordable

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.

MPC Energy Solutions’ results for the first half of 2023 surpass full-year numbers reported for 2022; new development activities in Panama and El Salvador

Amsterdam/Oslo – 31 July 2023 – MPC Energy Solutions (MPCES, Company) announced its H1 2023 results today. MPCES generated 40.4 GWh of electricity from its power-generating projects in the first six months of 2023, corresponding to USD 3.5 million in revenues and USD 2.3 million EBITDA. The total revenue and EBITDA, including the Company’s trading activities in Colombia, were USD 4.1 million and USD 1.8 million, respectively. MPC Energy Solutions is a global provider of sustainable energy and primarily focuses on low-carbon energy infrastructure, including solar and wind farms, and other

MPC Energy Solutions: CEO resigns

Amsterdam/Oslo – 5 July 2023 – MPC Energy Solutions (the Company) informs that Martin Vogt has resigned as CEO of the Company and will step down from his position with immediate effect. Stefan H.A. Meichsner, the Company's Chief Financial Officer, will take over the responsibilities and the Board of Directors will initiate a succession process for the CEO position. - ENDS - About MPC Energy SolutionsMPC Energy Solutions ("MPCES") is a global provider of sustainable energy and primarily focuses on low-carbon energy infrastructure, including solar and wind farms, and other hybrid

MPC Energy Solutions expands its development footprint in Latin America, signs first development service agreement in Panama

Amsterdam/Oslo – 15 May 2023 – MPC Energy Solutions (MPCES) strengthens its commitment to deliver renewable energy solutions and expands its development footprint in Latin America by entering Panama. Through new developments focusing on ground-mounted solar PV, the company enhances its ambition to significantly expand its project pipeline in Latin America. “In line with our business strategy and geographical focus, we are dedicated to developing projects located in Panama and other Latin American and Caribbean nations. It is exciting to see the continuous growth of our diversified

MPC Energy Solutions Q1 2023 results: Significant increase in revenues and EBITDA for its projects year-on-year

Amsterdam/Oslo – 27 April 2023 – MPC Energy Solutions (MPCES, Company) today announces its Q1 2023 results. The quarter was marked by several milestones including connecting three more projects to the power grid and signing long-term off-take agreements for new projects. Revenues and operating profits increased significantly compared to Q1 2022.   “The results of the first quarter underline the scale-up we can expect from our business going forward and these effects will become even more visible as the year progresses. We continue to build more power plants, expand our development

MPC Energy Solutions publishes Annual Report 2022, reports revenues of USD 3.6 million; significant growth projected for 2023

Amsterdam/Oslo – 31 March 2023 – MPC Energy Solutions (MPCES) published its annual report and financial statements for 2022 today. As shared by the company during the Capital Markets Day it hosted on Wednesday, MPCES reported USD 3.6 million in revenues and USD 2.1 million project-level earnings before interest, taxes, depreciation and amortization (EBITDA). On the group level, MPCES recorded an adjusted operating profit (adjusted EBITDA) of USD 0.2 million (including USD 2.4 million gains from bargain purchases). The reported net loss for the financial year 2022 was USD 5.6 million as

MPC Energy Solutions expands further into Puerto Rico as it invests in a new combined heat and power project

Amsterdam/Oslo – 28 March 2023 – MPC Energy Solutions (MPCES) invests in a 2.6 MW grid-tied combined-heat-and-power plant (CHP) development project in Puerto Rico. This is the second project in Puerto Rico for MPC Energy Solutions, following the investment in its Neol CHP plant last year. The new plant will generate electricity using liquefied natural gas (LNG), improving operational efficiencies, and reducing both emissions and power costs. The private off-taker is AMO Manufacturing, a local subsidiary and production facility of Johnson & Johnson Vision. Under the long-term energy

MPC Energy Solutions completes construction and connects 12.3 MW solar plant in Colombia

Amsterdam/Oslo – 27 March 2023 – MPC Energy Solutions (MPCES) has announced the completion of construction and grid connection for its Parque Solar Los Girasoles, a solar photovoltaic (PV) plant in Colombia, with an installed capacity of 12.3 MW. Parque Solar Los Girasoles is the third project in the Company's portfolio to commence operations this year, following Santa Rosa & Villa Sol in El Salvador, and Neol CHP in Puerto Rico, and the fourth operational plant overall. MPC Energy Solutions is selling the generated power through a long-term power purchase agreement (PPA) with Spectrum,

MPC Energy Solutions signs long-term agreement with IMSA Group, enters Guatemalan energy market

Power Purchase Agreement agreed with private off-taker to provide 135 GWh annuallyAmsterdam/Oslo – 20 February 2023 – MPC Energy Solutions (MPCES) has announced its entry into Guatemala after signing a long-term power purchase agreement (PPA) with Comercializadora de Energía Para el Desarrollo S.A., a subsidiary of Ingenio Magdalena S.A. (IMSA Group), the country’s leading producer and exporter of refined sugar, alcohol, and energy. The planned solar photovoltaic (PV) project will have an installed capacity of 65 MWp. Development of the project will begin immediately. MPCES targets to start

MPC Energy Solutions announces the start of operations for its solar plants in El Salvador

Amsterdam/Oslo – 6 February 2023 – MPC Energy Solutions (MPCES) has announced the start of operations for its Santa Rosa and Villa Sol solar photovoltaic (PV) plants in El Salvador, which have a combined installed capacity of 21.3 MW. Santa Rosa and Villa Sol are the third and fourth projects in the Company's portfolio to start operations, following Los Santos I (Mexico), which was acquired in February 2022, and Neol CHP (Puerto Rico), which started delivering energy in January this year. The plants commenced operations and MPC Energy Solutions is now selling the generated energy through

MPC Energy Solutions reports on Q3 2022 results, highlights construction progress

Amsterdam/Oslo – 3 November 2022 – MPC Energy Solutions N.V. (“MPCES” or “Company”), published its Q3 2022 report this morning. The Company develops, builds, owns and operates renewable energy projects, including solar PV and windfarms as well as hybrid and energy efficiency solutions, in Latin America and the Caribbean. “With four of our ongoing construction projects in one of the most attractive regions for renewable energy nearing completion, our company will soon enter a new phase,” said Martin Vogt, CEO of MPC Energy Solutions. “We are leaving the initial development and ramp-up

Dr. John Benjamin Schroeder joins Supervisory Board of MPC Energy Solutions

Amsterdam/Oslo - 1 September 2022 - MPC Energy Solutions (“MPCES”) has today announced that Dr. John Benjamin Schroeder will join the company’s supervisory board, effective 1 September 2022, replacing Dr. Ignace Van Meenen. MPC Capital Beteiligungsgesellschaft mbh & Co. KG, which established MPCES in 2020 and still owns nearly 20% of the shares in the company, appointed Dr. Schroeder in accordance with the company’s articles of association. Dr. Schroeder will join Ulf Holländer (Chairman), Kathryn Baker, Ellen Hanetho and Kjell Roland on the supervisory board. The departing member Dr.

MPC Energy Solutions publishes Q2 2022 report

Amsterdam/Oslo – 17 August 2022 – MPC Energy Solutions N.V. (“MPCES” or “Company”), Amsterdam, published its Q2 2022 report this morning. The Company generated 14.7 GWh of energy during the first half of 2022, and recorded revenues of USD 1.5 million. MPCES reported an operating loss (EBIT) for the first six months of the year of USD 1.6 million (1H 2021: also negative, USD 1.7 million), and a net loss of USD 1.8 million (unchanged from 1H 2021), reflecting that the Company is still in a build-up phase. Given the anticipated delays and a postponement of the commercial operation date

MPC Energy Solutions reports on Q2 2022 results

Amsterdam/Oslo – 16 August 2022 – MPC Energy Solutions N.V. (“MPCES” or “Company”), Amsterdam, will publish its Q2 2022 report tomorrow morning. The Company develops, builds, owns and operates renewable energy projects including solar PV, wind, hybrid and energy efficiency solutions in Latin America and Caribbean. “We are happy to conclude another quarter of progress. The key milestone in the second quarter was the start of early works for the combined solar plant and battery energy storage system in St. Kitts. Once operational, this landmark project will be a key energy source for the

MPC Energy Solutions publishes Q1 2022 results

Amsterdam/Oslo – 28 April 2022 – MPC Energy Solutions N.V. (“MPCES” or “Company”), Amsterdam, published its Q1 2022 report this morning. The Company develops, builds, owns and operates renewable energy projects including solar PV, wind, hybrid and energy efficiency solutions in the Latin-American and Caribbean regions. “The first quarter represented an important milestone in MPC Energy Solutions’ history as we generated our first revenue, following the acquisition of a 15.8 MW operational solar PV plant in Mexico. This is another confirmation that we are proceeding well on our journey to

MPC Energy Solutions publishes FY 2021 Annual Report and FY 2021 ESG Report

Amsterdam/Oslo – 20 April 2022 – MPC Energy Solutions N.V. today published its Annual Report and ESG Report for 2021. “MPC Energy Solutions is extremely well-positioned with our renewable energy project portfolio of 114 MW and a development backlog of another 750 MW in the very attractive Latin America and Caribbean regions. Since our successful USD 100 million capital raise ahead of the listing on Euronext Growth in Oslo in January 2021, we have made good progress in moving our diversified portfolio forward, and in Q1 2022 we reached a very important milestone, as our first project

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

MPC Energy Solutions releases its 2021 preliminary unaudited financial statements and year-end project update, demonstrating a growing presence in its key markets in Latin America and the Caribbean.

Amsterdam/Oslo – 3 March 2022 – “2021 was an eventful year for MPC Energy Solutions. We made significant progress and expanded our broad portfolio of renewable energy assets in Latin America and the Caribbean. And now, in Q1 2022, we are reaching another important milestone, as our first projects become operational and start generating revenue,” said CEO of MPC Energy Solutions Martin Vogt. With the renowned German investment manager MPC Capital as its sponsor and largest shareholder, MPC Energy Solutions is driving the transition to renewable energy with focus on Latin America and the

MPC Energy Solutions completes acquisition of Los Santos Solar I project in Mexico

Amsterdam/Oslo – 7 February 2022 – MPC Energy Solutions (MPCES) has completed the acquisition of Los Santos Solar I project, located in the state of Chihuahua, Mexico. The solar photovoltaic (PV) plant reinforces MPCES’ position as a regional leader in renewable energy and supports the country’s ongoing energy transition. Martin Vogt, CEO of MPC Energy Solutions, said: “Los Santos Solar I contributes towards Mexico’s goals of achieving 50% of electricity generation from clean energy by 2050 and reducing the levels of greenhouse gas emissions by 50%. We are pleased with the swift

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