Renewables
MPC Energy Solutions announces start of operations for Neol CHP
11 Jan 2023
Amsterdam/Oslo– 11 January 2023 – MPC Energy Solutions N.V. (”MPCES”, “Company”) announced today that its combined-heat-and-power plant Neol CHP LLC in Puerto Rico has started operations. This was projected in the Company’s last quarterly webcast. The plant was developed and constructed by the Company’s strategic partner Enernet Global Inc. and is expected to generate 26 GWh of energy per year, generating nearly USD 1.9 million in annual revenues under a long-term power purchase agreement with pharmaceutical company Neolpharma Inc. MPCES owns a 95% stake in the project.
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
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Contact
Stefan Zenker
Head of Investor & Public Relations
+49 (40) 380 22 - 4347
s.zenker@mpc-capital.com
About MPC Capital AG (www.mpc-capital.com)
MPC Capital is a globally active investment manager and entrepreneurial partner for infrastructure projects. The company develops, finances, and operates projects for institutional investors in the maritime and energy sectors. At the same time, MPC Capital provides comprehensive operational and commercial services to industrial clients along the maritime value chain. With nearly 280 employees, the companies of the MPC Capital Group manage and operate approximately 400 assets with a total value of EUR 5.4 billion, covering the entire lifecycle with integrated services. As a responsible company founded in 1994 and listed on the stock exchange since 2000, MPC Capital thus contributes not only to the financing but also to the implementation and efficient operation of investments necessary to achieve global climate goals.
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