Capital/Financing Update • Jan 21, 2025
Capital/Financing Update
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MPC Energy Solutions sells Colombian development project to local energy company, increases free cash position
Amsterdam/Oslo – 21 January 2025 – MPC Energy Solutions (“MPCES”, “Company”) has signed an agreement to sell one of its solar PV development projects in Colombia. The closing of the transaction is subject to customary closing conditions, which are expected to be finalized in the coming weeks. MPCES and the buyer have decided not to disclose details on the transaction.
The Company expects total cash receipts from the sale, including the release of a cash deposit to secure an interconnection guarantee, to be around USD 0.9 million.
About MPC Energy Solutions
MPC Energy Solutions ("MPCES") develops, builds, owns and operates renewable energy assets, including utility-scale solar photovoltaics (PV) and onshore wind farms and hybrid projects, combining renewable sources and storage technologies. More details at www.mpc-energysolutions.com (http://www.mpc-energysolutions.com/)
Media contacts
MPC Energy Solutions N.V.
Investor Relations & Public Relations
Email: [email protected]
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