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 global investment and asset manager for infrastructure projects. In the areas of maritime and energy infrastructure, MPC Capital initiates tailor-made investment solutions and offers a broad range of asset management services. With more than 300 employees, the MPC Capital Group manages Assets under Management (AuM) of EUR 5.1 billion. As a responsible company that has been listed on the stock exchange since 2000, MPC Capital actively contributes to financing the investment needs to achieve global climate goals.
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