MPCES collects final payment from sale of CHP plant in Puerto Rico, increases free cash to USD 9.6 million
MPCES collects final payment from sale of CHP plant in Puerto Rico, increases free cash to USD 9.6 million
Amsterdam/Oslo -- 22 October 2025 -- MPC Energy Solutions ("MPCES", "Company")
announced today that it has received the final payment in connection with the
sale of a combined heat and power ("CHP") plant in Puerto Rico last year.
The payment of USD 1.0 million increased the Company's total free cash
position, i.e. the cash freely available for project investments, development
costs and overhead, to USD 9.6 million.
MPCES currently has a portfolio of three operational, revenue-generating
projects (49 MWp) and one project in the pre-revenue phase (66 MWp), which has
already completed construction and is currently awaiting permits to commence
the testing and commissioning phase. MPCES will provide an update on the
timeline for the project during its upcoming Q3 earnings call on 6 November.
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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/)
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