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MPC Energy Solutions – Presentation of Q1 2024 results

Af HC Andersen Capital
30.04.2024, 13.00
MPC Energy Solutions

MPC Energy Solutions expects to release its Q1 results on 30 April 2024. Later the same day at 13.00, the company’s interim CEO Stefan Meichsner will present the results and answer questions from the audience.

In 2024 MPC's portfolio of five projects will be fully operational for a whole year for the first time. Consequently, they expect a significant increase in energy output, revenues, operating profits and cash flows from their portfolio. MPC predict revenue to surpass USD 12 million and project-level EBITDA of USD 8.5 million this year and, following the cost-cutting measures they are implementing, to generate positive operating profits on a corporate level as well.

MPC Energy Solutions (MPCES) develops, builds, owns and operates renewable energy assets, including utility-scale solar photovoltaics (PV) and onshore wind farms, as well as combined-heat-and-power (CHP) installations, energy efficiency solutions and hybrid projects, combining renewable sources and storage technologies. The projects are primarily situated in the Latin American and the Caribbean region.

Disclaimer: HC Andersen Capital receives payment from MPC Energy Solutions for a Corporate Visibility/Digital IR subscription agreement. /Michael Friis 13:25, 8 April 2024.

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