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