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 step in terms of executing on our project pipeline and a demonstration of MPC Energy Solution’s commitment to Puerto Rico. The territory has an ambitious target to transition to 100% renewable energy by 2050. Projects such as the Neol CHP power plant are a part of that transition.”

Energy production from the Neol CHP plant is expected to be 26,000 MWh per year. Having a dedicated power source will enable Neolpharma to benefit from a stable supply and reduced thermal energy consumption, resulting in substantial environmental benefits. The plant is forecast to avoid 100,000 tons of CO₂ emissions over the lifespan of the PPA – a reduction in carbon emissions of up to 30%.

The project was developed and built by Enernet Global under an exclusive asset development partnership with MPCES. Enernet Global and MPCES are aiming to initiate the development and construction of further sustainable energy projects for the private sector in Puerto Rico this year. 

Martin Vogt said: “We look forward to continuing to work in partnership with businesses to continue to support Puerto Rico as it strives to reduce its carbon emissions and make the transition from fossil fuels towards cleaner energies.”

About MPC Energy Solutions

MPC Energy Solutions is a global provider of sustainable energy and primarily focuses on low-carbon energy infrastructure, including solar and wind assets, and other hybrid and energy efficiency solutions. The Company participates in the full project lifecycle of renewable solutions, from early-stage development through construction and operation. More details at www.mpc-energysolutions.com

Media contacts

MPC Energy Solutions N.V.
Investor Relations & Public Relations
Email: infonoSpam@mpc-energysolutions.com  

Norway
Jo Christian Lund-Steigedal
Corporate Communications AS
Phone: +47 415 08733
Email: jcsnoSpam@corpcom.no

Americas
Perry Goldman
Montieth & Company
Phone: +1 (646) 8643568
Email: pgoldmannoSpam@montiethco.com

United Kingdom
Andrew Berridge
Montieth & Company
Phone: +44 7925 697 215
Email: aberridgenoSpam@montiethco.com

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 Caribbean – regions that are at the forefront of renewable energy ambitions. The market opportunity is estimated at more than 45 GW in wind and solar alone by 2030 with a growth rate of 14.3%. MPC Energy Solutions has a dedicated and experienced team on the ground, with projects in seven countries to bring clean and affordable energy to developing markets.

“Latin America and the Caribbean are among the most attractive geographies for solar and wind power, and at the same time governments are highly focused on the transition to renewable energy. We are proud to be a key partner for these countries in a region where the consequences of climate change are more severe than in many other places on the planet,” said Martin Vogt.

Among the Company’s main achievements during its first year after the IPO was the construction start of four different projects in Colombia, El Salvador, and on the island of St. Kitts and Nevis. MPC Energy Solutions also signed contracts for the acquisition of two assets in Mexico and Puerto Rico, respectively, and established strategic partnership with US-based C&I focused developer Enernet Global as well as with Swiss-based energy storage solutions company Leclanché SA.   

“With the completed acquisition in Mexico, our company has reached an important milestone earlier this year. We are starting to generate revenues and returns on the investments we made. Our project portfolio is diversified and of excellent quality, with average EBITDA margins expected to exceed 75%. The region and its growth potential is attractive for us and our shareholders,” said Vogt.

Attached to this press release and ahead of its annual report which will be released on 20 April 2022, MPC Energy Solutions publishes its preliminary and unaudited financial statements for the year ending 31 December 2021 this morning. The financial performance in 2021 is in line with management’s expectations, in a year focused on ramping up the organization, progressing project development, and making first investments. The company did not generate revenues in its first full year of operations yet, and ended 2021 with a negative operating income (EBIT) of USD 3.1 million and a net loss of USD 2.8 million. Total assets amounted to USD 83.9 million. “We are well financed to be able to deliver on our advanced portfolio. We have no long-term financial debt, and at the end of 2021, we had a cash position of USD 56.8 million,” mentioned Vogt.

Webcast

A conference call and simultaneous webcast for the investment community will be held at 9:00 am CET. There will be a Q&A session after the presentation, and a recording and written transcript of the webcast will be published on the Company’s website afterwards.

From today 09:00 am CET the Project Update presentation to be reviewed during the conference call and webcast will be available on our website: https://www.mpc-energysolutions.com/investor-relations/news-publications.

The live webcast can be accessed through the following link: https://edge.media-server.com/mmc/p/xp25s9w3

Alternatively, participants may dial in to the webcast using the below dial-in information:

• Norway LocalCall Dial-In:         +47 2396 0264
• USA LocalCall Dial-In:              +1 631 5107 495
• UK LocalCall Dial-In:                +44 3333 009396
• International/Toll Dial-In:         +44 2071 928000

Conference ID: 7698051

For further information, please contact irnoSpam@mpc-energysolutions.com.

About MPC Energy Solutions

MPC Energy Solutions is a global provider of sustainable energy and primarily focuses on low-carbon energy infrastructure, including solar and wind assets, and other hybrid and energy efficiency solutions. The Company participates in the full project lifecycle of renewable solutions, from early-stage development through construction and operation. More details at www.mpc-energysolutions.com

Media contacts

MPC Energy Solutions N.V.
Investor Relations & Public Relations
Email: infonoSpam@mpc-energysolutions.com  

Norway
Jo Christian Lund-Steigedal
Corporate Communications AS
Phone: +47 415 08733
Email: jcsnoSpam@corpcom.no

Americas
Perry Goldman
Montieth & Company
Phone: +1 (646) 8643568
Email: pgoldmannoSpam@montiethco.com
 

United Kingdom
Andrew Berridge
Montieth & Company
Phone: +44 7925 697 215
Email: aberridgenoSpam@montiethco.com

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 completion of this project acquisition that marks our first operational asset in Mexico. We would like to thank Buenavista Renewables (BVR) for their excellent cooperation during this process and we are looking forward to a continued collaboration for the future expansion of this project.”

In 2020, according to the International Energy Agency (IEA), power generation from renewables accounted for 18.8 per cent of the total electricity produced in Mexico. This is a 28.55 per cent increase in renewables power generation since 2015.

The plant is operational since 2017 and has a capacity of 15.8 MWp, with the potential to be extended to 90 MWp. The project has a USD-denominated power purchase agreement (PPA) with Leoni Cable, a German cable manufacturer, and the International De La Salle Educational Network. The US Government’s Development Finance Corporation (DFC) and the North American Development Bank (NADB) provided a 20-year project funding.

Martin Vogt added: “We are excited to have our first operational project in the portfolio reinforcing our commitment to assist Latin America diversifying its energy mix towards cleaner sources and helping create resilience in the region.”

- ENDS -

About MPC Energy Solutions
MPC Energy Solutions ("MPCES") is a global provider of sustainable energy and primarily focuses on low-carbon energy infrastructure, including solar and wind assets, and other hybrid and energy efficiency solutions. The Company participates in the full project lifecycle of renewable solutions, from early-stage development through construction and operation. More details at www.mpc-energysolutions.com

Media contacts
MPC Energy Solutions N.V.
Investor Relations & Public Relations
Email: ir@mpc-energysolutions.com

Norway
Jo Christian Lund-Steigedal
Corporate Communications AS
Phone: +47 415 08733
Email: jcsnoSpam@corpcom.no

Americas
Perry Goldman
Montieth & Company
Phone: +1 (646) 8643568
Email: pgoldmannoSpam@montiethco.com

United Kingdom
Charles Font
Montieth & Company
Phone: +44 020 38575478
Email: cfontnoSpam@montiethco.com

Amsterdam/Oslo–17 January 2022 – MPC Energy Solutions (MPCES) has commenced construction of Parque Solar Los Girasoles, a solar photovoltaic (PV) plant in Colombia that  will supply around 23 GWh a year – equivalent to the energy consumption of over 17,000 people. MPC Energy Solutions is investing USD 11 million to bring Los Girasoles online, and the project is expected to generate around USD 1.3 million revenues per year once operational. Construction started with Socolco S.A.S. and commissioning of the solar park is expected in Q 4 2022. Solar panels are supplied by TRINA and inverters by Huawei.

Parque Solar Los Girasoles is located in the region of Norte de Santander with established urban centres and transportation infrastructure, which ensures excellent conditions for construction and operation stages. The solar PV project, which has a nominal capacity of 12.3 MWp, will offer substantial environmental benefits, helping to avoid the emission of 15,200 tons of CO2 per year. As part of its commitment to ensuring that its projects in Colombia provide sustainable skills transfer, and opportunities for all, MPCES has set targets to ensure a balance in the number of male and female workers during the construction phase.

Martin Vogt, CEO of MPC Energy Solutions, said: “Colombia has used renewable energy for decades and its Energy Plan 2050 sets out clear objectives to diversify the sources of the renewable energy it uses so that wind, solar and other alternatives complement its existing installed hydropower base.

Today’s groundbreaking at the Parque Solar Los Girasoles is part of our efforts to help Colombia reduce carbon emissions, decentralize and diversify energy generation. Our projects will help ensure that Colombians benefit from reliable, cleaner electricity for decades to come.”

ENDS

About MPC Energy Solutions
MPC Energy Solutions is a global provider of sustainable energy and primarily focuses on low-carbon energy infrastructure, including solar and wind assets, and other hybrid and energy efficiency solutions. The Company participates in the full project lifecycle of renewable solutions, from early-stage development through construction and operation. More details at www.mpc-energysolutions.com

Media contacts
MPC Energy Solutions N.V.
Investor Relations & Public Relations
Email: ir@mpc-energysolutions.com  

Norway
Jo Christian Lund-Steigedal
Corporate Communications AS
Phone: +47 415 08733
Email: jcsnoSpam@corpcom.no

Americas
Perry Goldman
Montieth & Company
Phone: +1 (646) 8643568
Email: pgoldmannoSpam@montiethco.com

United Kingdom
Charles Font
Montieth & Company
Phone: +44 020 38575478
Email: cfontnoSpam@montiethco.com

Amsterdam/Oslo– 11 January 2022 – MPC Energy Solutions (MPCES) has achieved the financial close of its Santa Rosa & Villa Sol solar photovoltaic (PV) plants in El Salvador, which have a combined capacity of 21.07 MWp. The financial close with local lender Banco Agrícola, a subsidiary of Bancolombia, also marks the successful conclusion of the engineering phase. Enerland Group, the Spanish multinational EPC company and contractor for this project, will commence construction works later this month.

Energy production from the Santa Rosa & Villa Sol project is expected to start in Q4 2022. The minor delay in project execution was caused by a change of the construction contractor. The plants will generate around 43 GWh a year and MPCES expects an annual revenue contribution from this project of around USD 3.5 million. The project’s solar power will offer substantial environmental benefits, avoiding nearly 11,000 tons of CO₂ emissions per year.

Once commissioned, the solar plants will sell all their generated energy through a 20-year USD-denominated power purchase agreement (PPA) with CAESS, the local subsidiary of US-based energy company AES. The total investment to reach COD is USD 25.3 million, of which 75% is financed through a 15-year project financing facility.

As part of MPCES’s ongoing commitment to Environmental, Social and Governance (ESG) measures, the firm has set a minimum target of 10% for the participation of women in the construction workforce.

Martin Vogt, CEO of MPC Energy Solutions, said: “The Government of El Salvador considers the energy sector a strong contributor to economic and social development. The diversification of the energy mix towards clean energy sources has been prioritized. This draws up a long-term energy strategy for the country and shows the high potential of the renewable energy market. We are excited to support the country in this important initiative.”

El Salvador has a long history of renewable energy, primarily biomass, hydropower, geothermal and recently solar PV. The deployment of renewable energy technologies reached approximately 1.6 GW in 2021, providing about 30-40% of the national energy supply. National energy demand grew by 6% p.a. in the past five years and is still met mainly by oil fuelled thermal power. The electricity market is liberalized and unbundled with the majority of power plants owned and operated by private IPPs. The government has adopted the Paris Agreement and is currently revising its Nationally Determined Contributions (NDC) to be in compliance with its commitment to the 1.5°C global goal.

About MPC Energy Solutions
MPC Energy Solutions ("MPCES") is a global provider of sustainable energy and primarily focuses on low-carbon energy infrastructure, including solar and wind assets, and other hybrid and energy efficiency solutions. The Company participates in the full project lifecycle of renewable solutions, from early-stage development through construction and operation. More details at www.mpc-energysolutions.com

Media contacts

MPC Energy Solutions N.V.
Investor Relations & Public Relations
Email: ir@mpc-energysolutions.com

Norway
Jo Christian Lund-Steigedal
Corporate Communications AS
Phone: +47 415 08733
Email: jcsnoSpam@corpcom.no

Americas
Perry Goldman
Montieth & Company
Phone: +1 (646) 8643568
Email: pgoldmannoSpam@montiethco.com

United Kingdom
Charles Font
Montieth & Company
Phone: +44 020 38575478
Email: cfontnoSpam@montiethco.com

• The partnership starts with MPCES’s participation in Leclanché’ Green Power Plant in St. Kitts and Nevis in the Caribbean, a landmark solar PV and battery energy storage project
• The Green Power Plant will provide one third of St. Kitts’ baseload needs and reduce carbon emissions by more than 740,000 metric tonnes over its lifespan
• The project is the Caribbean´s largest combined solar power and battery storage system and will integrate 35.7 MWp solar photovoltaic with 45MWh of battery energy storage system to deliver 18.2 MW baseload green power to St. Kitts

YVERDON-LES-BAINS, Switzerland; AMSTERDAM; OSLO, Norway – 14^th December 2021 – MPC Energy Solutions (MPCES) has partnered with Leclanché, one of the world’s leading energy storage companies, publicly listed in Switzerland (SIX: LECN), to build the previously announced 35.7 MWp solar photovoltaic (PV) and 18.2 MW battery energy storage system (BESS) project designed with Leclanché Energy Management Software (L-EMS) in St. Kitts’ Basseterre Valley, next to the capital city of Basseterre.

The project requires about US$ 74 million of investment and MPCES has acquired 40% ownership in the project’s holding company, in which Leclanché owns 60%. MPCES will invest up to US$ 17million.

“At COP26 in Glasgow, St. Kitts and Nevis presented a remarkable plan to reduce CO₂ emissions by 61 percent by switching to 100 percent renewable energy. We in MPC Energy Solutions are happy and proud to be part of this important initiative through the development of this significant PV and battery project near the country’s capital. The project will cover one-third of St. Kitts baseload needs for the next 20-25 years while reducing the carbon dioxide emissions by more than 740,000 metric tonnes.” saidMartin Vogt, CEO at MPC Energy Solutions.

“With our ongoing mission to help the region’s transition to cleaner energies, we seek to create strong partnerships that will reinforce our position as a leader in theenergy market of Latin America and the Caribbean. Its strong technological expertise makes Leclanché a valuable partner that will undoubtedly help us do just that. This landmark project marks our entry into utility-scale hybrid projects that combine energy generation and storage. St Kitts and Nevis is one of several other countries within the Caribbean region that are committed todiversifying its generation base away from diesel-fueled thermal power, and promoting smarter, greener and more resilient approaches that improve energy generation,” addedMartin Vogt.

Leclanché has a long and successful track record of concepting and building innovative utility-scale installations including several projects with S4 Energy in The Netherlands; the Cremzow, Germany system in collaboration with Enel Green Power Germany and ENERTRAG; SWB, Germany; Marengo, Chicago, United States and several Canadian projects.

The St. Kitts project, which is being built under an Engineering, Procurement and Construction (EPC) contract by Leclanché, has a 20-year USD-denominated Power Purchase Agreement (PPA) with the St. Kitts Electric Company (SKELEC), the only energy utility company on the island. The government of St. Kitts and Nevis leased the land in the Basseterre Valley to Leclanché under a 20-year agreement with the option of a five-year renewal. Groundbreaking of the project took place in December 2020.

Anil Srivastava, CEO at Leclanché, said: “We are excited to partner with MPC Energy Solutions for this landmark project in the Caribbean. This solar PV and BESS project demonstrates the ability of renewable energies to provide baseload power and competitively replace greenhouse gas emitting diesel-fuel power. The project will create material savings for SKELEC with a strong positive impact on the environment, CO₂ emissions and the local communities.

We thank the government of St. Kitts and Nevis and SKELEC for their trust. Leveraging the vast experience of our partner MPCES and teamwork with SKELEC, we shall accelerate the construction and commissioning of this industry reference project – the Caribbean regions’ largest green power plant.”

The St. Kitts project has been communicated as part of MPCES’s advanced project backlog.

“This represents another step forward for MPC Energy Solutions in becoming a leading independent power producer in Latin America and the Caribbean. This is a region with tremendous potential for renewable energy, and I am particularly happy to announce this first project utilizing hybrid technology. This will undoubtedly be a reference case for us and other renewable energy developers,” Martin Vogt said.

About MPC Energy Solutions
MPC Energy Solutions ("MPCES") is a global provider of sustainable energy and primarily focuses on low-carbon energy infrastructure, including solar and wind assets, and other hybrid and energy efficiency solutions. The Company participates in the full project lifecycle of renewable solutions, from early-stage development through construction and operation. More details at www.mpc-energysolutions.com

About Leclanché
Headquartered in Switzerland, Leclanché SA is a leading provider of high-quality energy storage solutions designed to accelerate our progress towards a clean energy future. Leclanché’s history and heritage is rooted in over 100 years of battery and energy storage innovation and the Company is a trusted provider of energy storage solutions globally. This coupled with the Company’s culture of German engineering and Swiss precision and quality, continues to make Leclanché the partner of choice for both disruptors, established companies and governments who are pioneering positive changes in how energy is produced, distributed and consumed around the world. The energy transition is being driven primarily by changes in the management of our electricity networks and the electrification of transport, and these two end markets form the backbone of our strategy and business model. Leclanché is at the heart of the convergence of the electrification of transport and the changes in the distribution network. Leclanché is the only listed pure play energy storage company in the world, organised along three business units: stationary storage solutions, e-Transport solutions and specialty batteries systems. Leclanché is listed on the Swiss Stock Exchange (SIX: LECN). For more information, please visit www.leclanche.com.

SIX Swiss Exchange: ticker symbol LECN | ISIN CH 011 030 311 9

Disclaimer
This press release contains certain forward-looking statements relating to Leclanché's business, which can be identified by terminology such as "strategic", "proposes", "to introduce", "will", "planned", "expected", "commitment", "expects", "set", "preparing", "plans", "estimates", "aims", "would", "potential", "awaiting", "estimated", "proposal", or similar expressions, or by expressed or implied discussions regarding the ramp up of Leclanché's production capacity, potential applications for existing products, or regarding potential future revenues from any such products, or potential future sales or earnings of Leclanché or any of its business units. You should not place undue reliance on these statements. Such forward-looking statements reflect the current views of Leclanché regarding future events, and involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any future results, performance or achievements expressed or implied by such statements. There can be no guarantee that Leclanché's products will achieve any particular revenue levels. Nor can there be any guarantee that Leclanché, or any of the business units, will achieve any particular financial results.

Media contacts MPC Energy Solutions
MPC Energy Solutions N.V.

Investor Relations & Public Relations
Email: info@mpc-energysolutions.com

Norway
Jo Christian Lund-Steigedal
Corporate Communications AS
Phone: +47 415 08733
Email: jcsnoSpam@corpcom.no

Americas
Perry Goldman
Montieth & Company
Phone: +1 (646) 8643568
Email: pgoldmannoSpam@montiethco.com

United Kingdom
Charles Font
Montieth & Company
Phone: +44 020 38575478
Email: cfontnoSpam@montiethco.com

Contacts Leclanché

Amsterdam/Oslo– 30 November 2021 – MPC Energy Solutions N.V. (“MPCES” or “Company”), Amsterdam, published its Q3 2021 report this morning. As a key message, the Company confirmed its outlook for the coming years, targeting an installed capacity of at least 177 MW and USD 40 million annual asset-level revenue by 2023.

“The market trends affecting our industry have become stronger than ever over the past few months”, said Martin Vogt, CEO of MPC Energy Solutions. “The commitments made during COP26 emphasize the need for an ambitious pathway to net zero emission. Our core markets in Latin America and the Caribbean are among the most affected by climate change and thus also among the most ambitious when it comes to energy transition. We have, with our strong portfolio and deep backlog, a tremendous position to support the transition, and we have recently confirmed several new projects in the region. Over time we have both the capabilities and ambitions to expand to additional territories.”

Among the key milestones during the third quarter ending 30 September 2021 and the months thereafter were the capital deployment and construction start for 26.6 MW Colombian solar PV plant Planeta Rica, the signing for a 15.8 MW operational solar PV plant in Mexico, and the agreed partnership to co-develop 50 to 100 MW with Soventix Caribbean in the Dominican Republic.

“The acquisition of the power plant in Mexico will be closed during the first quarter of 2022. And the project with Soventix should be able to commence commercial operation as early as 2023”, states Vogt. “At the same time, delays in equipment deliveries following globally disrupted supply chains will cause delays in our construction projects of up to six months.”

MPCES also provided details on its proprietary development projects, which include 352 MW of projects under ownership and 221 MW of projects with exclusive access or rights of first  refusal. An amount of up to USD 6 million has been set aside to advance these projects to ready-to-build status over the next 18 to 24 months.

At the end of the third quarter 2021, MPCES reports total assets of USD 84.1 million, which mostly consisted of non-current assets of USD 11.6 million – mainly project and strategic investments – and USD 72.1 million of cash. The Company’s EBITDA was still negative at USD 2.4 million year-to-date (thereof USD 0.7 million for the third quarter), following the ramp-up of the organization, expenses for transaction-related services, and project development efforts. MPCES has no long-term debt.

CFO Stefan H.A. Meichsner adds: “It is our objective to fully commit the capital raised during the IPO by the end of this year. We are on track.”

The Q3 report is attached hereto and has also been published on the Company's website at https://www.mpc-energysolutions.com/investor-relations/news-publications.

The financial results as well as an update on the Company’s projects will be given during a conference call and simultaneous webcast for the investment community today at 8:00 am CEST (see details below).

Q3 webcast:
The Company will host a webcast on Tuesday, 30 November 2021 at 08:00 am CEST. There will be a Q&A session after the presentation, and a recording and written transcript of the webcast will be published on the Company’s website afterwards. The live webcast can be accessed through the following link: https://edge.media-server.com/mmc/p/nymrzt86

Alternatively, participants may dial in to the webcast using the below dial-in information:

Norway LocalCall Dial-In (Oslo):        +47 23 96 02 64
USA LocalCall Dial-In (New York):      +1 631 5107 495
International/Toll Dial-In:                  +44 2071 928000

Conference ID: 8765339

For further information, please contact ir@mpc-energysolutions.com.

- ENDS -

About MPC Energy Solutions
MPC Energy Solutions ("MPCES") is a global provider of sustainable energy and primarily focuses on low-carbon energy infrastructure, including solar and wind assets, and other hybrid and energy efficiency solutions. The Company participates in the full project lifecycle of renewable solutions, from early-stage development through construction and operation. More details at www.mpc-energysolutions.com

Media contacts
MPC Energy Solutions N.V.
Investor Relations & Public Relations
Email: info@mpc-energysolutions.com

Norway
Jo Christian Lund-Steigedal
Corporate Communications AS
Phone: +47 415 08733
Email: jcsnoSpam@corpcom.no

Americas
Perry Goldman
Montieth & Company
Phone: +1 (646) 8643568
Email: pgoldmannoSpam@montiethco.com

United Kingdom
Charles Font
Montieth & Company
Phone: +44 020 38575478
Email: cfontnoSpam@montiethco.com

Amsterdam/Oslo– 9 November 2021 – MPC Energy Solutions (MPCES) has entered the Mexican renewable energies market with the acquisition of Los Santos Solar I. The solar photovoltaic (PV) project, located in Ahumada, Chihuahua, in the North of Mexico, is fully operational since 2017 and has an installed capacity of 15.8 MWp. The project is included in MPCES’s communicated advanced backlog.

“The acquisition of Los Santos Solar I marks our entry into the Mexican renewables market, further strengthening our regional presence which now spans six countries across Latin America and the Caribbean. This deal is another confirmation that we are on track to deliver on our project pipeline, implying 177 MW installed capacity and USD 40 million of asset-level revenue by the end of 2023. It reinforces our position as a leader in the region’s renewable energy market with close to 11,000 MW of installed wind and solar PV capacity and potential for further growth given the abundance of resources and demand for clean energy from the private and public sectors,” said Martin Vogt, CEO at MPC Energy Solutions.

The project, which was financed and built by multinational renewable energy project developer Buenavista Renewables (BRV), has a USD-denominated Power Purchase Agreement (PPA) with German cable manufacturer Leoni Cable and the International De La Salle Educational Network. MPC Energy Solutions has acquired full ownership of the project and 20-year project financing has been provided by the U.S. Government’s Development Finance Corporation (DFC) and the North American Development Bank (NADB). The closing of the acquisition is expected to take place in Q1 2022 and is subject to customary conditions.

Los Santos Solar I has the potential to be extended from 15.8 MWp to approximately 90 MWp and MPC Energy Solutions has signed a Right of First Refusal (ROFR) agreement with the developer. The extension may be ready-to-build in 2023. The plant avoids approximately 16,500 metric tons per year of CO2 emissions.

Martin Vogt added: “Los Santos Solar I is a high-quality asset with solid private corporate clients and an attractive USD-denominated PPA in place. As an operational asset, this project provides the company with immediate cash flows while securing exclusive rights on the future project extension. It further boosts the returns we can offer our investors while assisting us in our mission to help the region’s transition to cleaner energies.”

- ENDS –

About MPC Energy Solutions
MPC Energy Solutions ("MPCES") is a global provider of sustainable energy and primarily focuses on low-carbon energy infrastructure, including solar and wind assets, and other hybrid and energy efficiency solutions. The Company participates in the full project lifecycle of renewable solutions, from early-stage development through construction and operation. More details at www.mpc-energysolutions.com

Media contacts
MPC Energy Solutions N.V.
Investor Relations & Public Relations
Email: info@mpc-energysolutions.com

Norway
Jo Christian Lund-Steigedal
Corporate Communications AS
Phone: +47 415 08733
Email: jcsnoSpam@corpcom.no

Americas
Perry Goldman
Montieth & Company
Phone: +1 (646) 8643568
Email: pgoldmannoSpam@montiethco.com

United Kingdom
Charles Font
Montieth & Company
Phone: +44 020 38575478
Email: cfontnoSpam@montiethco.com

Amsterdam/Oslo– 9 September 2021 – MPC Energy Solutions (MPCES) has entered the Dominican Republic through a joint development agreement with Soventix Caribbean, a leading regional developer. MPCES holds 51% in this partnership that seeks to develop and construct a solar park with a capacity of 50-100 MW by the end of 2022. Soventix Caribbean will be responsible for the local development activities and the parties will jointly seek to commercialize the energy and carbon credits.

Juan Esteban Hernández, Head of Project Development LATAM at MPC Energy Solutions, said: ”We are really excited to enter the Dominican Republic, as the country is poised for an energy transformation to become a leading renewable energy market in the region and has a long tradition of Independent Power Producers (IPPs). The Dominican government is continuously pushing to increase competitiveness and strengthen local energy generation through renewable sources, and we are delighted to partner with Soventix Caribbean, with a strong position regionally and tremendous experience in developing and building solar PV projects in the Dominican Republic and the Caribbean region.”

Martin Vogt, CEO at MPC Energy Solutions, said: “This is another important step in terms of executing on our attractive project pipeline. We are in the process of building up an operational portfolio as a leading independent power producer (IPP) with a highly diversified portfolio and attractive rates of return.”

The Dominican Republic is the largest existing renewables independent power producer market in the Caribbean, with about 650 MW of installed wind and solar power capacity. The Dominican government intends to generate 25% of its energy from renewable sources by 2025 and plans to be CO₂ neutral by 2050. To achieve these goals, the Dominican government has made the development of renewable energy projects a priority. Diversifying the country’s energy matrix and reducing reliance on fossil fuels will be important steps for the Dominican Republic’s future.

Alfonso Rodriguez, CEO and Partner at Soventix Caribbean, said:“We are delighted to partner with the professional team of MPC Energy Solutions for this important project. On our way to becoming one of the leading project developers for solar plants in the Caribbean, the Dominican Republic has always been a focus region for us. We share MPCES's vision of a region that is sustainable and where the natural environment is preserved for future generations alongside a thriving economy and society. We are certain that our daily work brings us closer to this goal, and this partnership with MPC Energy Solutions strongly supports it.”

- ENDS -

About MPC Energy Solutions

MPC Energy Solutions is a global provider of sustainable energy and primarily focuses on low-carbon energy infrastructure, including solar and wind assets, and other hybrid and energy efficiency solutions. The Company participates in the full project lifecycle of renewable solutions, from early-stage development through construction and operation. More details at www.mpc-energysolutions.com

Media contacts

MPC Energy Solutions N.V.
Investor Relations & Public Relations
Email: infonoSpam@mpc-energysolutions.com  

Norway

Jo Christian Lund-Steigedal
Corporate Communications AS
Phone: +47 415 08733
Email: jcsnoSpam@corpcom.no

Americas

Perry Goldman
Montieth & Company
Phone: +1 (646) 8643568
Email: pgoldmannoSpam@montiethco.com

United Kingdom

Charles Font
Montieth & Company
Phone: +44 020 38575478
Email: cfontnoSpam@montiethco.com

Amsterdam/Oslo– 2 September 2021 – MPC Energy Solutions (MPCES) has selected ISOTRON SA, part of Spanish Grupo ISASTUR, as EPC contractor for the construction of its Santa Rosa & Villa Sol solar photovoltaic (PV) plants in El Salvador, which have a combined capacity of 21.07 MWp. The construction will commence in September upon financial close with the project financing lender. The renewable power plants are fully owned by MPCES and this is the first project to start construction from the proprietary development pipeline of the Company.

The solar plants will sell all their generated energy through a 20-year USD-denominated power purchase agreement (PPA) with CAESS, the local subsidiary of US-based energy company AES. The total investment is USD 26 million of which 75% is financed through a project financing facility.

“The selection of the construction contractor is an important milestone. The groundbreaking of Santa Rosa & Villa Sol in September shows the inherent value of the project portfolio we have had under ownership since our stock market debut earlier this year and is another proof point that we can successfully execute projects in the region. More than 60% of the energy generated in El Salvador comes from clean and renewable sources, largely thanks to the country’s efforts to diversify its power mix. This shows the high potential of the market and we are excited to support the country in this important initiative.” said Martin Vogt, CEO at MPC Energy Solutions.

Energy production from the Santa Rosa & Villa Sol project is expected to start in 2022. When commissioned, the plants will generate almost 43 GWh a year. MPCES expects an annual revenue contribution from this project of at least USD 3.5 million. The project’s solar power will offer substantial environmental benefits, avoiding nearly 11,000 tons of CO₂ emissions per year. As part of MPCES’s ongoing commitment to Environmental, Social and Governance measures, the firm has set a minimum target of 10% for the participation of females in the construction workforce.

Martin Vogt said: “This solar PV project perfectly aligns with our strategy to build high-quality renewable energy assets together with private sector clients in Central America and it is another step towards our aim to become a leading Independent Power Producer (IPP) in the region. Our long-standing network and expertise in this region will help building a strong and diversified portfolio which will generate attractive returns for our shareholders.”

- ENDS -

About MPC Energy Solutions
MPC Energy Solutions ("MPCES") is a global provider of sustainable energy and primarily focuses on low-carbon energy infrastructure, including solar and wind assets, and other hybrid and energy efficiency solutions. The Company participates in the full project lifecycle of renewable solutions, from early-stage development through construction and operation. More details at www.mpc-energysolutions.com

Media contacts

MPC Energy Solutions N.V.
Investor Relations & Public Relations
Email: info@mpc-energysolutions.com

Norway
Jo Christian Lund-Steigedal
Corporate Communications AS
Phone: +47 415 08733
Email: jcsnoSpam@corpcom.no

Americas
Perry Goldman
Montieth & Company
Phone: +1 (646) 8643568
Email: pgoldmannoSpam@montiethco.com

United Kingdom
Charles Font
Montieth & Company
Phone: +44 020 38575478
Email: cfontnoSpam@montiethco.com

  Link to Press Release

Amsterdam/Oslo– 31 August 2021 – MPC Energy Solutions N.V., Amsterdam, ("MPC Energy Solutions", "Company", or “MPCES”) today gives an update on the figures for the second quarter and half year of 2021. The Company was successfully listed through an IPO in January 2021 and continues to implement its operations, projects and strategy in Latin America and the Caribbean, as outlined at the time of the IPO.

“Our plan is to build up an operational portfolio as a leading independent power producer (IPP) with a highly diversified portfolio and attractive rates of return. At this stage, we focus entirely on Latin America and the Caribbean, a region particularly well suited for renewable energy,” Stefan H.A. Meichsner, CFO of MPC Energy Solutions, says, and continues:

“We have a significant set of projects under development, and many of them achieved important milestones this year, including the signing of power purchase agreements, financial close and start of construction. This is evidence of our project management and execution capabilities and how we benefit from our own local presence in the region.”

MPCES has, during the first half-year, operated under a challenging business environment caused by the Covid-19 pandemic and disrupted global supply chains. Nevertheless, the Company has made significant steps ahead, along the previously announced plans, in 2021. MPC Energy Solutions has signed two new power purchase agreements (PPAs) for the solar PV projects Los Girasoles and Planeta Rica and a total of four projects commenced construction or prepared construction start in El Salvador (Santa Rosa & Villa Sol), Colombia (Los Girasoles, Planeta Rica) and Puerto Rico (Neol CHP). Once operational, these four projects combined will have an installed capacity of 63 MW and an annual energy generation of around 137 GWh. Commissioning of Neol CHP is scheduled for October, while the other projects start commercial operation in 2022. Long-term power purchase agreements have been signed for all four projects. MPCES will invest a total of USD 34 million in these projects, which will cost USD 70 million to be built and put into operation.

In addition, the Company approved an investment into a solar PV and storage hybrid project in the Eastern Caribbean with an equity requirement of USD 17 million. The project will have an installed capacity of 36 MW and an annual electricity output of approximately 64 GWh. MPCES also continued the development of projects in Colombia, Jamaica and, through its exclusive asset development partnership with Enernet Global, in Puerto Rico, and pursues the acquisition of operational assets as well.

As of 30 June 2021, the Company reports total assets of USD 85.0 million, with cash and cash equivalents of USD 81.0 million, and project and strategic investments of USD 3.6 million to date. Total operating losses (EBITDA) during the first six months of the year amount to USD 1.7 million (thereof USD 1.4 million for the second quarter). Operating expenses mainly relate to the ramp-up of the organization as well as project development and due diligence for projects and are in line with the Company’s expectations. The Company has no long-term debt.

Stefan H.A. Meichsner comments: “Despite our strong progress over the last few months, Covid-19 delays mean that we are slightly behind our original schedule. However, our PPAs only commence with start of commercial operations, and we have sufficient buffer in our project schedules, leaving no adverse economic impact on our returns. Our team is handling the situation very well. We are still well on track to achieving our goals for this year.”

The Q2 report is attached hereto and has also been published on the Company's website at www.mpc-energysolutions.com. The Company will provide a more comprehensive update on the Q2 figures and its activities during a webcast today (see details below).

Q2 webcast:

The Company will host a webcast on Tuesday, 31 August 2021 at 09:00 hours CEST. There will be a Q&A session after the presentation, and a recording and written transcript of the webcast will be published on the Company’s website afterwards.

The live webcast can be accessed through the following link: https://edge.media-server.com/mmc/p/ah3zpzo3

Alternatively, participants may dial in to the webcast using the below dial-in information:

Norwegian LocalCall Dial-In (Oslo): +47 23 96 02 64
US LocalCall Dial-In (New York): +1 (631) 5107 495
International/Toll Attendee Dial-In: +44 (0) 2071 928000
Conference ID: 3680446

Further information and contact:

For further information, please contact ir@mpc-energysolutions.com.

- ENDS -

About MPC Energy Solutions
MPC Energy Solutions ("MPCES") is a global provider of sustainable energy and primarily focuses on low-carbon energy infrastructure, including solar and wind assets, and other hybrid and energy efficiency solutions. The Company participates in the full project lifecycle of renewable solutions, from early-stage development through construction and operation. More details at www.mpc-energysolutions.com

Media contacts

MPC Energy Solutions N.V.
Investor Relations & Public Relations
Email: info@mpc-energysolutions.com

Norway
Jo Christian Lund-Steigedal
Corporate Communications AS
Phone: +47 415 08733
Email: jcsnoSpam@corpcom.no

Americas
Perry Goldman
Montieth & Company
Phone: +1 (646) 8643568
Email: pgoldmannoSpam@montiethco.com

United Kingdom
Charles Font
Montieth & Company
Phone: +44 020 38575478
Email: cfontnoSpam@montiethco.com

  Link to Press Release

Amsterdam/Oslo– 12 August 2021 – MPC Energy Solutions (MPCES) and Akuo Energy have commenced construction of Parque Solar Planeta Rica, a solar photovoltaic (PV) project in Colombia. The project is a joint venture with Akuo Energy, a leading French developer and operator of renewable energy projects.

“The start of the construction of the Planeta Rica project in Colombia is another important step forward for MPC Energy Solutions, executing on our significant project pipeline as outlined at the time of our IPO in January 2021. Our plan is to build up an operational portfolio as a leading independent power producer (IPP) with a highly diversified portfolio and attractive rates of return. We are highly dedicated to Latin America, and Colombia is a particularly attractive market, having the strongest growth rate for renewable energy in the region,” said Martin Vogt, CEO at MPC Energy Solutions.

The total investment for erecting the Planeta Rica plant is approximately USD 24 million. MPCES and Akuo Energy are the equity sponsors whereby the debt financing is provided by Bancolombia. Financial close was achieved in early August. Bancolombia is the largest commercial bank in Colombia and one of the largest in Latin America as well as a leader in directing capital towards environmentally sustainable investments accross the region.

The project will sell all generated electricity under a 15-year Power Purchase Agreement (PPA) to a leading regional utility with AAA (col) credit rating by Fitch Ratings. Planeta Rica is the second Colombian project with a signed PPA within MPCES’s portfolio. The Los Girasoles solar PV project was the first project that signed a PPA earlier this year. The commercialization of energy of both projects is fully aligned with the company’s strategy to support the private sector and corporate clients with clean energy.

Energy production from the Planeta Rica project is expected to start in early Q3 2022. The Planeta Rica plant will have an installed capacity of 26.55 MWp, while delivering enough electricity to satisfy the energy needs of over 10,000 households in Colombia.

During the construction phase, the plant will employ over 200 people with a requirement for a proportion of those workers to be female. When the plant is commissioned, it will avoid the emission of over 4,000 tons of CO2 each year and provide a sustainable source of clean electricity.

Martin Vogt said: “We believe Colombia has the potential to be a leader in terms of moving towards a cleaner energy future and we have had a dedicated team in the country for several years. This OECD country is rich in sources of renewable energy and just like many other countries in Latin America, Colombia has ambitious targets for transition to renewable energy. We are excited to build and operate this project together with such a reputable and experienced partner as Akuo Energy. Planeta Rica is our first Colombian project to start construction demonstrating the successful start of implementation of our solar portfolio here. The Planeta Rica project will support the country’s transition towards a low-carbon future and help boost its resilience. The increasing scale of our operations in Colombia also allows us to ensure that high-value skills learnt from the construction and operation of these cutting-edge facilities help to enhance the broader economic development of Colombia.”

- ENDS –

About MPC Energy Solutions
MPC Energy Solutions ("MPCES") is a global provider of sustainable energy and primarily focuses on low-carbon energy infrastructure, including solar and wind assets, and other hybrid and energy efficiency solutions. The Company participates in the full project lifecycle of renewable solutions, from early-stage development through construction and operation. More details at www.mpc-energysolutions.com

Media contacts

MPC Energy Solutions N.V.
Investor Relations & Public Relations
Email: info@mpc-energysolutions.com

Norway
Jo Christian Lund-Steigedal
Corporate Communications AS
Phone: +47 415 08733
Email: jcsnoSpam@corpcom.no

Americas
Perry Goldman
Montieth & Company
Phone: +1 (646) 8643568
Email: pgoldmannoSpam@montiethco.com

United Kingdom
Charles Font
Montieth & Company
Phone: +44 020 38575478
Email: cfontnoSpam@montiethco.com

  Link to Press Release

Amsterdam/Oslo– 7 June 2021 – MPC Energy Solutions N.V. has signed the acquisition of a 3.4 MW Combined Heat and Power (CHP) project in Puerto Rico. The project will sell the produced heat and power under a 12-year USD-denominated energy service agreement to a pharmaceutical company. This is MPC Energy Solutions’ first acquisition since its listing on the Oslo Stock Exchange’s Euronext Growth segment in January 2021. The acquisition is subject to customary closing conditions and expected for August 2021.

The project is currently under construction with expected commissioning to take place in August 2021. Once complete, it is expected to produce 25,000-30,000 MWh of energy supply annually and will lead to a reduction of 100,000 tons of CO2 over the 12-years contract period. The investment aligns perfectly with MPC Energy Solutions’ strategy to focus on the corporate sector as a source of clients and to build strategic partnerships for accelerated capital deployment such as with Enernet Global Inc.

Cogeneration projects offer substantial economic and environmental benefits to its users as they simultaneously produce heat and power. These benefits include lower overall energy costs, improved reliability, and reduced thermal energy consumption. The implementation of this project will lead to a reduction of carbon emissions of up to 30%.  

Martin Vogt, CEO at MPC Energy Solutions, said: “Like a number of other countries within the region, Puerto Rico offers an attractive market with strong growth potential within the renewables sector. This latest investment shows our commitment to meeting growing demand from the region’s corporate sector which is looking to achieve a reduction in its carbon emissions as a whole. As we work hard to deliver our portfolio of projects across Latin America and the Caribbean, we will be assessing additional opportunities in Puerto Rico as we continue to help the region with its transformation from fossil fuels towards cleaner energies. This is also the first project implemented from the strategic partnership with Enernet Global Inc.”

The Company already owns a development portfolio of 334 MW solar PV projects in Colombia, El Salvador and Jamaica. In addition, the Company has built a project pipeline of around 300 MW in Latin America and the Caribbean.

- ENDS -

About MPC Energy Solutions N.V.
MPC Energy Solutions (ticker: "MPCES") is a global provider of sustainable energy and primarily focuses on low-carbon energy infrastructure, including solar and wind assets, and other hybrid and energy efficiency solutions. The Company participates in full project lifecycle of renewable solutions, from early-stage development through construction and operation. More details, including an updated company presentation on the pipeline development, at www.mpc-energysolutions.com

Media contacts
MPC Energy Solutions N.V.
Stefan Zenker, Gabriele Gottschalk
Investor Relations & Public Relations
Phone. +49 40 38022-4200
Email: infonoSpam@mpc-energysolutions.com

Americas
Montieth & Company
Phone: +1 (646) 864.356
Email: pgoldmannoSpam@montiethco.com

United Kingdom
Charles Font
Montieth & Company
Phone: +44 020 38651947
Email: cfontnoSpam@montiethco.com

Forward-looking statements
This announcement contains forward-looking statements about the Company's financial and operating performance, business plans and prospects that involve substantial risks and uncertainties. Actual results could differ materially from the expectations and projections set forth in those statements and, consequently, no forward-looking statement can be guaranteed. Such risks and uncertainties include, among other things, the uncertainties inherent in the development, construction and operation of renewable energy assets. The Company assumes no obligation to update any forward-looking statements as a result of new information or future events or developments.

  Link to Press Release

Amsterdam/Oslo – 31 May 2021 – MPC Energy Solutions N.V., Amsterdam, ("MPC Energy Solutions", "the Company") today gives an update on the Q1 2021 figures. The Company only commenced its full operations in early 2021. The result and the balance sheet for the first quarter therefore do not yet allow any conclusions to be drawn about the Company's expected operating performance. 

At the beginning of the year 2021, MPC Energy Solutions successfully raised gross cash proceeds (before IPO-related brokerage and advisory fees) of USD 90 million in advance of its listing on Oslo Stock Exchange’s Euronext Growth segment on 22 January 2021. 

The Company did not generate revenues between January and March 2021. All projects were still in the development phase. The operating loss (EBIT) for the quarter was USD 0.35 million. 

During the first quarter, cash was mainly used to increase the equity stake in the Company’s US-based partner Enernet Global Inc., repay loans from the original sponsor of MPC Energy Solutions, and to fund the Company’s regional subsidiaries and project development activities. The cash position on 31 March 2021 stood at USD 82.7 million. The Company has no financial debt. 

Martin Vogt, CEO of MPC Energy Solutions, comments: “The first quarter of 2021 marked the operational launch of our Company. We have already made tremendous progress developing our projects and growing our pipeline through exclusive access to several projects throughout our initial target investment region, namely Latin America and the Caribbean.” 

Since the IPO in January, the Company has secured exclusivity for projects in Colombia, Mexico, Panama and the Eastern Caribbean, expanding the current project pipeline to around 300 MW in Latin America and the Caribbean. This is in addition to the already owned development portfolio of 334 MW solar PV projects in Colombia, El Salvador and Jamaica. 

“We expect to close acquisitions of our first assets and begin construction for some of our solar PV plants in Colombia and El Salvador over the next few months. As many of our projects quickly approach greater maturity, we are further growing our local resources and corporate structure along with the anticipated growth, focusing on a lean and high-quality setup.” 

The Q1 report is attached hereto and will be published on the Company's homepage at www.mpc-energysolutions.com. The Company will provide an update on the Q2 figures on 31 August 2021. 

 - ENDS - 

About MPC Energy Solutions NV
MPC Energy Solutions (ticker: "MPCES") is a global provider of sustainable energy and primarily focuses on low-carbon energy infrastructure, including solar and wind assets, and other hybrid and energy efficiency solutions. The Company participates in full project lifecycle of renewable solutions, from early-stage development through construction and operation. More details, including an updated company presentation on the pipeline development, at www.mpc-energysolutions.com 

Media contacts
MPC Energy Solutions NV
Stefan Zenker, Gabriele Gottschalk
Investor Relations & Public Relations
Phone. +49 40 38022-4200
Email: infonoSpam@mpc-energysolutions.com

Americas
Montieth & Company
Phone: +1 (646) 864.356
Email: pgoldmannoSpam@montiethco.com

United Kingdom
Charles Font Montieth & Company
Phone: +44 020 38651947
Email: cfontnoSpam@montiethco.com 

Forward-looking statements 
This announcement contains forward-looking statements about the Company's financial and operating performance, business plans and prospects that involve substantial risks and uncertainties. Actual results could differ materially from the expectations and projections set forth in those statements and, consequently, no forward-looking statement can be guaranteed. Such risks and uncertainties include, among other things, the uncertainties inherent in the development, construction and operation of renewable energy assets. The Company assumes no obligation to update any forward-looking statements as a result of new information or future events or developments. 

  Link to Press Release

Amsterdam/Oslo – 25 May 2021 –The sponsor of MPCES, MPC Capital, joined the CGI Action Network in 2020 and announced a commitment to raise USD 90m from US-based impact investors, institutional investors and foundations over a two-year period to fund renewable energy infrastructure projects. Giving an update on progress regarding efforts to mobilize and deploy finance in the region, Martin Vogt, CEO of MPC Energy Solutions, will address the CGI Action Network’s meeting on Post-Disaster Recovery on the 25th of May.

Governments across the world, including in the Caribbean, have pledged to cut carbon emissions as they seek to build back better following the impact of the global pandemic which still rages on. Ensuring that regulatory structures encourage investment and creating a collaborative environment for multiple stakeholders to deliver on these climate change commitments remains a focus.

Martin Vogt, CEO of MPC Energy Solutions, said: “With its sector and regional expertise, MPC Energy Solutions can be the leading partner for regional and international public and private sector institutions to power and accelerate the energy transition in the region. I think it is clear that more capital is required to close the funding gap needed for a successful transition towards a net zero emission future in the region.”

“The CGI Action Network brings together leaders and organizations across business, government, and civil society to take action on the world’s most pressing challenges,” said Greg Milne, CEO of the Clinton Global Initiative. “Tackling climate change and resiliency is critical to our shared global future, and we have seen increasing engagement in renewable energy partnerships that create jobs, improve resilience, and reduce carbon footprints. MPC Energy Solutions and other members of the CGI community have shown the potential for the private sector to invest in these solutions and support this transition.”

Note to editors

Hosted by President Bill Clinton, the CGI Action Network On Post-Disaster Recovery’s May 2021 virtual meeting will unfold during three days of virtual meetings (25- 27th May). A year into the COVID-19 pandemic and just before the start of the 2021 Atlantic hurricane season, this virtual event will discuss how the pandemic has impacted the Caribbean region and highlight the most pressing needs and opportunities for collaboration between governments, the private sector, philanthropy, non-profits, and community leaders.

Martin Vogt, CEO of MPC Energy Solutions will be a keynote speaker on the webinar  “Renewable, Resilient Energy: Innovative Models for Deploying to Scale” on Tuesday 25^th May at 2pm ET. The CEO of MPC Energy Solutions will be talking about renewable, resilient energy and how it will help trigger economic recovery from the pandemic in the Caribbean by supporting the creation of jobs, economic diversification, and climate resilience.

- ENDS -

About MPC Energy Solutions NV
MPC Energy Solutions (ticker: "MPCES") is a global provider of sustainable energy and primarily focuses on low-carbon energy infrastructure, including solar and wind assets, and other hybrid and energy efficiency solutions. The Company participates in full project lifecycle of renewable solutions, from early-stage development through construction and operation. More details, including an updated company presentation on the pipeline development, at www.mpc-energysolutions.com

About the Clinton Foundation
Building on a lifetime of public service, President Clinton established the Clinton Foundation on the simple belief that everyone deserves a chance to succeed, everyone has a responsibility to act, and we all do better when we work together. For nearly two decades, those values have energized the work of the Foundation in overcoming complex challenges and improving the lives of people across the United States and around the world.

As an operating foundation, we work on issues directly or with strategic partners from the business, government, and nonprofit sectors to create economic opportunity, improve public health, and inspire civic engagement and service. Our programs are designed to make a real difference today while serving as proven models for tomorrow. The goal of every effort is to use available resources to get better results faster – at the lowest possible cost.

We firmly believe that when diverse groups of people bring resources together in the spirit of true cooperation, transformative ideas will emerge to drive life-changing action.

Media contacts
MPC Energy Solutions NV
Stefan Zenker, Gabriele Gottschalk
Investor Relations & Public Relations
Phone. +49 40 38022-4200
Email: info@mpc-energysolutions.com

Americas
Montieth & Company
Phone: +1 (646) 864.356
Email: pgoldmannoSpam@montiethco.com

United Kingdom
Charles Font
Montieth & Company
Phone: +44 020 38651947
Email: cfontnoSpam@montiethco.com

  Link to Press Release

Amsterdam/Oslo– 30 April 2021 – MPC Energy Solutions NV, Amsterdam, ("MPC Energy Solutions", "the Company") today publishes its report for the financial year 2020. The Company only commenced its full operations with the equity capital raise and IPO in early 2021. The result and the balance sheet for 2020 therefore do not yet allow any conclusions to be drawn about the company's capitalization post-IPO and expected operating performance.

At the beginning of the year 2021, it was announced that MPC Energy Solutions had successfully raised a total of USD 100 million in advance of its listing on Oslo Stock Exchange’s Euronext Growth segment on 22 January 2021. Since then, the Company has secured exclusivity for four projects in addition to the initial IPO pipeline, now totalling approximately 300 MW of operating, ready-to-build and development projects in Latin America and the Caribbean.

The report is attached hereto and will be published on the Company's homepage at www.mpc-energysolutions.com. The Company will provide an update on the Q1 figures by the end of May.

Stefan Meichsner appointed as Chief Financial Officer (CFO) of MPC Energy Solutions NV

Stefan Meichsner has been nominated by the Supervisory Board to join the Management Board as CFO with the formal appointment subject to AGM approval. He takes up his duties on 1 May 2021. Stefan Meichsner has more than 12 years of combined experience in the finance and renewables industry. He started his career as strategy advisor for Siemens before moving into various M&A roles as advisor and principal at Roedl&Partner, Forum Media, and Drägerwerke across various industries incl. private equity, media and medical equipment.

Furthermore, Stefan worked at Stadtwerke Munich (municipal utility), which is the largest public investor in renewable energy in Germany. At Stadtwerke Munich, he was CFO for two subsidiaries with full management responsibilities for concentrated solar power, wind and solar PV assets in Spain and Germany. Stefan holds a MBA and Diploma in Economics.

- ENDS -

About MPC Energy Solutions NV
MPC Energy Solutions (ticker: "MPCES") is a global provider of sustainable energy and primarily focuses on low-carbon energy infrastructure, including solar and wind assets, and other hybrid and energy efficiency solutions. The Company participates in full project lifecycle of renewable solutions, from early-stage development through construction and operation. More details, including an updated company presentation on the pipeline development, at www.mpc-energysolutions.com

Media contacts

MPC Energy Solutions NV
Stefan Zenker, Gabriele Gottschalk
Investor Relations & Public Relations
Phone. +49 40 38022-4200
Email: info@mpc-energysolutions.com

Americas
Montieth & Company
Phone: +1 (646) 864.356
Email: pgoldmannoSpam@montiethco.com

United Kingdom
Charles Font
Montieth & Company
Phone: +44 020 38651947
Email: cfontnoSpam@montiethco.com

Forward-looking statements

This announcement contains forward-looking statements about the Company's financial and operating performance, business plans and prospects that involve substantial risks and uncertainties. Actual results could differ materially from the expectations and projections set forth in those statements and, consequently, no forward-looking statement can be guaranteed. Such risks and uncertainties include, among other things, the uncertainties inherent in the development, construction and operation of renewable energy assets. The Company assumes no obligation to update any forward-looking statements as a result of new information or future events or developments.

  Link to Press Release

Amsterdam/Oslo– 26 April 2021 – MPC Energy Solutions NV has signed a power purchase agreement (PPA) for Parque Solar Los Girasoles, a solar PV project under development in Colombia. The COP-denominated agreement includes the delivery of around 23 GWh a year over a 12 year period starting in Q2 2022. The agreement was signed with Grupo Renovatio, a leading Colombian energy trading firm and electricity supplier. This is MPC Energy Solutions’ first PPA since its listing on the Oslo Stock Exchange’s Euronext Growth segment on 22 January 2021.

The agreement has been secured through Grupo Renovatio’s private renewable energy auction, the first in the region, which seeks to provide an innovative solution that complements the energy sales and purchases mechanisms already available in the Colombian energy market, such as bilateral contracts with agents, non-regulated end users and public tenders. Construction of Parque Solar Los Girasoles is expected to start in Q3 2021, with energy production expected to start in Q2 2022. The project is part of the company´s 240 MWp solar portfolio, with five solar PV plants across three different regions within Colombia. This agreement between MPC Energy Solutions and Grupo Renovatio is the first one of a series of collaborations  that the companies are discussing in Colombia.

Parque Solar Los Girasoles is located in the region of Norte de Santander, in a privileged radiation zone with nearby urban centres and transportation infrastructure, which ensures excellent conditions for construction and operation stages. The solar PV project which has a  nominal capacity of 9.5 MW will avoid close to 100,000 tons of CO2 emmissions during the asset lifetime, considering the country’s CO2 emission factor.

Martin Vogt, CEO at MPC Energy Solutions, said: “This agreement is a great stepping stone for MPC Energy Solutions as we continue to build on our pipeline of projects in the region. With the Colombian government’s commitment to reduce carbon emissions and to decentralize and diversify the energy generation, we are likely to see a sharp increase in the share of renewable energies. Through beneficial partnerships such as this one with Grupo Renovatio, MPC Energy Solutions is committed to contribute to the green recovery and to become a leading independent power producer in Colombia.”

André Fraga, CEO at Grupo Renovatio, said: “At Grupo Renovatio, we are very pleased to sign this PPA with such a renowned international corporation. Our innovative efforts to organize, what has been coined as Latam’s first private renewable energy auction, have found high interest from key players willing to tackle climate change and to promote alternative energies in the region. This PPA is a milestone for Renovatio in its mission to become Colombia´s first 100% renewable energy supplier”.

The announcement follows recent news that MPC Energy Solutions has secured exclusivity  for a  portfolio of projects across the region.

- ENDS -

About MPC Energy Solutions NV
MPC Energy Solutions (ticker: "MPCES") is a global provider of sustainable energy and primarily focuses on low-carbon energy infrastructure, including solar and wind assets, and other hybrid and energy efficiency solutions. The Company participates in full project lifecycle of renewable solutions, from early-stage development through construction and operation. More details, including an updated company presentation on the pipeline development, at www.mpc-energysolutions.com

Media contacts
MPC Energy Solutions NV
Stefan Zenker, Gabriele Gottschalk
Investor Relations & Public Relations
Phone. +49 40 38022-4200
Email: info@mpc-energysolutions.com

Americas
Montieth & Company
Phone: +1 (646) 864.356
Email: pgoldmannoSpam@montiethco.com

United Kingdom
Charles Font
Montieth & Company
Phone: +44 020 38651947
Email: cfontnoSpam@montiethco.com

Forward-looking statements
This announcement contains forward-looking statements about the Company's financial and operating performance, business plans and prospects that involve substantial risks and uncertainties. Actual results could differ materially from the expectations and projections set forth in those statements and, consequently, no forward-looking statement can be guaranteed. Such risks and uncertainties include, among other things, the uncertainties inherent in the development, construction and operation of renewable energy assets. The Company assumes no obligation to update any forward-looking statements as a result of new information or future events or developments.

  Link to Press Release

• Solar PV and wind farm projects with a total capacity of more than 140 MW secured by entering into exclusivity agreements in Panama and Mexico

• Initial IPO pipeline of 136 MW now expanded to a total of approximately 300 MW of operating, ready-to-build and development projects in Latin America and the Caribbean

• Further diversification of the pipeline regarding country-focus, technology and project status

Amsterdam/Oslo – 15 March 2021 – MPC Energy Solutions NV (the Company) has secured exclusivity for a portfolio of projects in Panama and Mexico, continuing its strong start to operations since its IPO in January 2021. The news follows an announcement earlier this month on the Company making significant progress in the execution of its project pipeline and securing exclusivity for two projects in Colombia and the Eastern Caribbean.

The new projects have a total capacity of more than 140 MW in operational, ready-to-build and development stages, with debt financing being provided by development finance institutions. All new projects are expected to generate internal rates of return (IRR) exceeding the required return for the Company. The operational part of the portfolio sells its power through USD-denominated power purchase agreements to international corporates and MPC Energy Solutions intends to also secure USD-denominated power purchase agreements for the ready-to-build and development stage projects. The ready-to-build and development projects are expected to start construction in 2021 and 2022. With the addition of these assets, the pipeline of exclusively secured projects increases to about 300 MW, including the initial IPO pipeline of 136 MW.

MPC Energy Solutions expects that it will secure further exclusivity agreements in the upcoming weeks. The steadily growing project pipeline includes wind, solar and energy efficiency projects, both with development, ready-to-build and operational status. In line with the Company’s strategy and initial geographical focus, all projects are located in a diversified set of Latin America and the Caribbean countries, with a healthy mix of national and corporate off-takers.

Martin Vogt, CEO of MPC Energy Solutions, said: "In the past weeks we have already secured exclusivity for four projects in addition to our initial IPO pipeline. This shows the strong start to our activities by executing on the existing project pipeline and simultaneously adding attractive projects to secure short- to mid-term growth potential. It is exciting to see the rapid growth of our pipeline as we take further steps towards our commitment to aid the energy transition in Latin America and the Caribbean. As we work towards lowering the global carbon footprint, our diversified portfolio is set to cater to the energy needs of the region helping boost its resilience.”

At the beginning of the year, it was announced that MPC Energy Solutions had successfully raised a total of USD 100 million in advance of its listing on Oslo Stock Exchange’s Euronext Growth segment on 22 January 2021.

- ENDS -

About MPC Energy Solutions NV
MPC Energy Solutions (ticker: "MPCES") is a global provider of sustainable energy and primarily focuses on low-carbon energy infrastructure, including solar and wind assets, and other hybrid and energy efficiency solutions. The Company participates in full project lifecycle of renewable solutions, from early-stage development through construction and operation. More details, including an updated company presentation on the pipeline development, at www.mpc-energysolutions.com

Media contacts
MPC Energy Solutions NV
Stefan Zenker, Gabriele Gottschalk
Investor Relations & Public Relations
Phone. +49 40 38022-4200
Email: infonoSpam@mpc-energysolutions.com

Americas
Montieth & Company
Phone: +1 (646) 864.356
Email: pgoldmannoSpam@montiethco.com

United Kingdom
Charles Font
Montieth & Company
Phone: +44 020 38651947
Email: cfontnoSpam@montiethco.com

Forward-looking statements
This announcement contains forward-looking statements about the Company's financial and operating performance, business plans and prospects that involve substantial risks and uncertainties. Actual results could differ materially from the expectations and projections set forth in those statements and, consequently, no forward-looking statement can be guaranteed. Such risks and uncertainties include, among other things, the uncertainties inherent in the development, construction and operation of renewable energy assets. The Company assumes no obligation to update any forward-looking statements as a result of new information or future events or developments.

  Link to Press Release

Amsterdam/Oslo – 1 March 2021 – MPC Energy Solutions NV has seen a strong start to its operations since its recent IPO. On 11 January 2021, it was announced that MPC Energy Solutions had successfully raised a total of USD 100 million in advance of its listing on Oslo Stock Exchange’s Euronext Growth segment on 22 January 2021.

Since then, MPC Energy Solutions made significant progress in the execution of its project pipeline and secured exclusivity for two projects in Colombia and in the Eastern Caribbean. The solar and energy efficiency projects have a total investment volume of USD 30 million with a potential expansion to USD 55 million reaching a total installed capacity of 50 MW in 2022. Due diligence is expected to be finalized shortly.

MPC Energy Solutions expects that it will secure further exclusivity agreements in the upcoming weeks. The steadily growing project pipeline includes wind, solar and energy efficiency projects. In line with the company’s strategy and initial geographical focus, all projects are located in Latin America and the Caribbean region, with a healthy mix of national and corporate off-takers.

Martin Vogt, CEO of MPC Energy Solutions, said: "We are excited to add two exclusive project opportunities to our project pipeline. We are working hard to provide strong returns for our investors while keeping our commitment to the energy transition in Latin America and the Caribbean. Our diversified portfolio of projects caters to the energy needs of South America and the Caribbean while helping to lower the carbon footprint of the region.”

MPC Energy Solutions recently announced the closing of an asset development agreement and strategic partnership with Enernet Global, a distributed energy service company that develops microgrid projects in Latin America, Africa, Australia and Asia. The partnership is set to open a number of further opportunities for MPC Energy Solutions moving forward.

- ENDS -

About MPC Energy Solutions NV
MPC Energy Solutions is a global provider of sustainable energy and primarily focuses on low-carbon energy infrastructure, including solar and wind assets, and other hybrid and energy efficiency solutions. The company participates in full project lifecycle of renewable solutions, from early-stage development through construction and operation. More details at www.mpc-energysolutions.com

Media contacts:
MPC Energy Solutions NV
Stefan Zenker, Gabriele Gottschalk
Investor Relations & Public Relations
Phone. +49 40 38022-4200
Email: infonoSpam@mpc-energysolutions.com

Americas
Montieth & Company
Phone: +1 (646) 864.356
Email: pgoldmannoSpam@montiethco.com

United Kingdom
Charles Font
Montieth & Company
Phone: +44 020 38651947
Email: cfontnoSpam@montiethco.com

  Link to Press Release

Hamburg/Oslo – 05 February 2021 – MPC Energy Solutions has announced the closing of an asset development agreement and strategic partnership with Enernet Global, a distributed energy service company that develops microgrid projects in Latin America, Africa, Australia and Asia.  The new partnership provides the company with access to the growing microgrid sector in established and new markets.

The news of the partnership follows an investment into Enernet Global that has seen MPC Energy Solutions become a minority shareholder of the company. Enernet Global will develop the asset pipeline and performs the construction management. MPC Energy Solutions will acquire the projects prior to construction start and remain the long-term asset owner.

MPC Energy Solutions will have access to Enernet Global’s project pipeline in target markets, which utilize a combination of solar PV, wind, battery, hydro, and/or combined heat and power technologies with clients (off-takers) from the corporate and utility sector. The partnership will also help MPC Energy Solutions further extend its pipeline of renewable energy projects in the Caribbean as well as enter the Asia-Pacific region, where it will look to grow its portfolio.

Martin Vogt, CEO of MPC Energy Solutions, said: "This new partnership with Enernet Global will further accelerate our growth and deployment of assets. We remain strongly committed to the energy transition in Latin America and the Caribbean, but also see excellent opportunities in Asia Pacific. It is also a steppingstone that will see us move into new regions where we can continue to deliver strong returns for our shareholders while helping us with our main aim to reduce carbon emissions.”

Paul Matthews, CEO of Enernet, commented: “The partnership with MPC Energy Solutions will help us to achieve our mission to reduce dependence on fossil fuels. Globally, many businesses and utilities still rely on diesel-generated power, while others suffer losses from costly power outages. Our Energy-as-a-Service model drives savings and delivers significant carbon emission reductions while providing more resilient systems and energy independence. Enernet Global and MPC Energy Solutions share a commitment to the advancement of the global energy market and a sustainable, renewables-based energy transition.”

The news follows the launch of MPC Energy Solutions and its private placement directed towards institutional investors, where the new platform raised a total of NOK 857 million (USD 100 million) in advance of its listing on Oslo Stock Exchange’s Euronext Growth segment.

- ENDS -

About MPC Energy Solutions
MPC Energy Solutions is a global provider of sustainable energy and primarily focuses on low-carbon energy infrastructure, including solar and wind assets, and other hybrid and energy efficiency solutions. The company participates in full project lifecycle of renewable solutions, from early-stage development through construction and operation. More details at www.mpc-energysolutions.com

About Enernet Global Inc
Enernet Global is a distributed energy service provider that finances, builds, owns and operates microgrids, lowering costs and. Built on the company’s proprietary software platform, Enernet Global’s Energy-as-a-Service offering benefits on- and off-grid customers by providing less expensive, more resilient power solutions at no capital outlay for customers.

Enernet Global has operations in Australia, the Philippines, the Caribbean and Sub-Saharan Africa, where it focuses on power solutions for sectors that include island development, mining, commercial and industrial, remote communities, agriculture, utilities and hospitality.

Media contacts:

MPC Capital AG / MPC Energy Solutions NV
Stefan Zenker
Head of Investor Relations & Public Relations
Phone. +49 40 38022-4347
Email: s.zenkernoSpam@mpc-capital.com

Americas
Montieth & Company
Phone: +1 (646) 864.356
Email: pgoldmannoSpam@montiethco.com

United Kingdom
Charles Font
Montieth & Company
Phone: +44 020 38651947
Email: cfontnoSpam@montiethco.com

  Link to Press Release

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO AUSTRALIA, CANADA, JAPAN OR THE UNITED STATES OF AMERICA OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL.

MPC Capital launches MPC Energy Solutions as new renewable energy platform

• Private Placement of USD 100 million ahead of Euronext Growth Oslo listing
• MPC Energy Solutions offers integrated business model for renewable energy projects
• Pipeline of more than 500 MW of installed capacity in The Caribbean and Latin America

Hamburg/Oslo, 11 January 2021 – MPC Capital AG (Deutsche Börse Scale, ISIN DE000A1TNWJ4) has initiated a new renewable energy platform under the brand “MPC Energy Solutions”. In a private placement directed towards institutional investors, MPC Energy Solutions NV has successfully raised a total of NOK 857 million (USD 100 million) in advance of its listing on Oslo Stock Exchange’s Euronext Growth segment. The Private Placement attracted strong interest from Nordic and international high-quality investors and was multiple times oversubscribed.

MPC Energy Solutions was established by MPC Capital to capitalize on the growing demand for sustainable and cost-competitive low-carbon energy infrastructure. As a developer, operator and owner of clean energy assets, it will support the transition towards a net zero-emission future. MPC Energy Solutions will develop and invest in renewable energy generation including utility-scale solar PV and wind farms, energy storage, co-generation as well as other infrastructure that helps reduce energy consumption and carbon emissions.

Fully in line with its institutional co-investment strategy, MPC Capital has co-invested in the newly listed company.

Ulf Holländer, CEO of MPC Capital, said: “We have a strong team with a proven track record in renewable energies of more than ten years and made great strides towards becoming the leader in renewable energy infrastructure in the region of Latin America and The Caribbean. We look forward to further develop our renewable energy business as we continue to offer our investors the opportunity to capitalise on a strong growth sector with an ever-growing global demand for new projects.”

“The successful initiation of MPC Energy Solutions underlines the ability of the MPC group to tap capital markets for attractive real asset investment strategies. In doing so, Oslo Stock Exchange was an obvious choice in our search for the most suitable marketplace. The impressive track record with renewable companies provides for an educated and professional domestic and international investor base for companies like MPC Energy Solutions,” he said.

Integrated business model
MPC Energy Solutions will cover the full life cycle of a project by implementing an integrated business model. The Company will serve as the owner, developer and operator of the projects, helping to ensure these meet the highest possible standards while maximising the generated returns. The renewable projects are located mostly in emerging markets, which enables capital inflow in these countries.

Martin Vogt, CEO of MPC Energy Solutions, said: “The clean energy sector has matured materially in the past 10-15 years, but the environment is changing, and the simple deployment of solar PV and wind technology is often not sufficient anymore. The industry and our clients require solutions that provide around the clock low carbon, cost-competitive and reliable power supply. Therefore, it becomes critical to design projects that meet such demand utilizing different generation and storage technologies.”

Strong pipeline
“The company aims to implement projects with more than 500 MW of installed capacity of low carbon and renewable energy infrastructure over the next two years. Given our local presence and strong experience within the Caribbean and Latin America, we will build a first series of projects here before expanding into other parts of the world. In our core markets, the clean energy sector requires about USD 18 billion of investment in the coming decade. We aim to become the leading contributor to the energy transition in the region and beyond,” Mr Vogt said.

The Private Placement of MPC Energy Solutions was marketed by Fearnley Securities AS and SpareBank 1 Markets AS as Joint Lead Managers and Bookrunners. Advokatfirmaet Wiersholm AS has acted as Norwegian legal counsel.

About MPC Capital AG (www.mpc-capital.com)
MPC Capital AG is an international asset and investment manager for real asset investments. Together with its subsidiaries, the company develops and manages real asset investments and investment products for international institutional investors, family offices and professional investors. Its asset categories of focus are Real Estate, Shipping and Infrastructure. MPC Capital AG is listed on the stock exchange (MPCK) since 2000 and has around 280 employees group-wide.

About MPC Energy Solutions (www.mpc-energysolutions.com)
MPC Energy Solutions is a global provider of sustainable energy and primarily focuses on low-carbon energy infrastructure, including solar and wind assets, and other hybrid and energy efficiency solutions. The company participates in full project lifecycle of renewable solutions, from early-stage development through construction and operation.

Media contacts:

MPC Capital AG / MPC Energy Solutions NV
Stefan Zenker
Head of Investor Relations & Public Relations
Phone. +49 40 38022-4347
Email: s.zenker@mpc-capital.com

Americas
Perry Goldman
Montieth & Company
Phone: +1 (646) 864.356
Email: pgoldman@montiethco.com

United Kingdom
Charles Font
Montieth & Company
Phone: +44 020 38651947
Email: cfont@montiethco.com

This announcement is not an offer of securities nor a solicitation for sale in the United States, Australia, Canada, Japan or in any jurisdiction to whom or in which such offer or solicitation is unlawful. The securities referred to in this press release have not been, and will not be, registered under the US Securities Act of 1933, as amended (the "Securities Act"), and may not be offered or sold in the United States absent registration or an exemption from registration. There will be no public offering of the securities in the United States of America. Subject to certain exceptions, the securities referred to herein may not be offered or sold in Australia, Canada or Japan or to, or for the account or benefit of, any national, resident or citizen of Australia, Canada or Japan