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MPC Energy Solutions Publishes Q3 2021 Results

AMSTERDAM & OSLO, Norway, Nov. 30, 2021 /PRNewswire/ — 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 …

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