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MPC Energy Solutions N.V.

Regulatory Filings Jan 17, 2022

8188_rns_2022-01-17_91fb3a61-52ee-4f55-acf2-95f21ce7b8fb.html

Regulatory Filings

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MPC Energy Solutions breaks ground on second solar power plant in Colombia

MPC Energy Solutions breaks ground on second solar power plant in Colombia

Amsterdam/Oslo - 17 January 2022 - MPC Energy Solutions (MPCES) has commenced

construction of Parque Solar Los Girasoles, a solar photovoltaic (PV) plant in

Colombia that  will supply around 23 GWh a year - equivalent to the energy

consumption of over 17,000 people. MPC Energy Solutions is investing USD 11

million to bring Los Girasoles online, and the project is expected to generate

around USD 1.3 million revenues per year once operational. Construction started

with Socolco S.A.S. (https://www.socolco.com/home/) and commissioning of the

solar park is expected in Q4 2022. Solar panels are supplied by

TRINA (https://www.trinasolar.com/us) and inverters by

Huawei (https://solar.huawei.com/eu/).

Parque Solar Los Girasoles is located in the region of Norte de Santander with

established urban centres and transportation infrastructure, which ensures

excellent conditions for construction and operation stages. The solar PV

project, which has a nominal capacity of 12.3 MWp, will offer substantial

environmental benefits, helping to avoid the emission of 15,200 tons of CO2 per

year. As part of its commitment to ensuring that its projects in Colombia

provide sustainable skills transfer, and opportunities for all, MPCES has set

targets to ensure a balance in the number of male and female workers during the

construction phase.

Martin Vogt, CEO of MPC Energy Solutions, said: "Colombia has used renewable

energy for decades and its Energy Plan 2050 sets out clear objectives to

diversify the sources of the renewable energy it uses so that wind, solar and

other alternatives complement its existing installed hydropower base.

Today's groundbreaking at the Parque Solar Los Girasoles is part of our efforts

to help Colombia reduce carbon emissions, decentralize and diversify energy

generation. Our projects will help ensure that Colombians benefit from reliable,

cleaner electricity for decades to come."

ENDS

About MPC Energy Solutions

MPC Energy Solutions 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: [email protected]  ([email protected])

Norway

Jo Christian Lund-Steigedal

Corporate Communications AS

Phone: +47 415 08733

Email: [email protected]

Americas

Perry Goldman

Montieth & Company

Phone: +1 (646) 8643568

Email: [email protected]

United Kingdom

Charles Font

Montieth & Company

Phone: +44 020 38575478

Email: [email protected]

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