MPC Energy Solutions N.V.

Earnings Release • Aug 17, 2022

MPC Energy Solutions publishes Q2 2022 report

MPC Energy Solutions publishes Q2 2022 report

Amsterdam/Oslo - 17 August 2022 - MPC Energy Solutions N.V. ("MPCES" or

"Company"), Amsterdam, published its Q2 2022 report this morning.

The Company generated 14.7 GWh of energy during the first half of 2022, and

recorded revenues of USD 1.5 million. MPCES reported an operating loss (EBIT)

for the first six months of the year of USD 1.6 million (1H 2021: also negative,

USD 1.7 million), and a net loss of USD 1.8 million (unchanged from 1H 2021),

reflecting that the Company is still in a build-up phase.

Given the anticipated delays and a postponement of the commercial operation date

for the Company's combined-heat-and-power plant Neol CHP in Puerto Rico, MPC

Energy Solutions reduced its full-year outlook to USD 3.5 million revenues (down

from USD 4.5 to 5.0 million compared to the previous outlook) ad USD 2.2 million

project-level EBITDA (previous: USD 3.1 to 3.5 million).

The financial results as well as an update on the Company's projects will be

given during a conference call and simultaneous webcast for the investment

community today at 9:00 a.m. CET (see details below).

Q2 webcast and conference call information:

The Company will host a webcast on Wednesday, 17 August 2022 at 9:00 am CET.

There will be a Q&A session after the presentation, and a recording and written

transcript of the webcast will be published on the Company's website afterwards.

The live webcast can be accessed through the following link: https://edge.media

-server.com/mmc/p/8erp7cz2

Alternatively, participants may dial in to the webcast using the below dial-in

information:

.          Norway LocalCall Dial-In:       +47 2396 0264

.          USA LocalCall Dial-In:             +1 631 5107 495

.          UK LocalCall Dial-In:               +44 8445 718892

.          International/Toll Dial-In:      +44 2071 928000

Conference ID: 2686257

For further information, please contact ir@mpc-energysolutions.com.

- ENDS -

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

Media contacts

MPC Energy Solutions N.V.

Investor Relations & Public Relations

Email: ir@mpc-energysolutions.com  (ir@mpc-energysolutions.com)

Norway

Jo Christian Lund-Steigedal

Corporate Communications AS

Phone: +47 415 08733

Email: jcs@corpcom.no

Americas

Perry Goldman

Montieth & Company

Phone: +1 (646) 8643568

Email: pgoldman@montiethco.com

United Kingdom

Andrew Berridge

Montieth & Company

Phone: +44 7925 697 215

Email: aberridge@montiethco.com