MPC Energy Solutions – Presentation of 2023 results

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MPC Energy Solutions expects to release its 2023 results on 2 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.

Ahead of the annual report for 2023, MPC Energy Solutions have announced preliminary 2023 results, outlook for 2024 and beyond, and an update on the strategy going forward. The company’s 2023 project revenue and project EBITDA are expected to come in at USD 9.1m and USD 4.4, respectively. For 2024, MPC Energy Solutions expects a steep increase in those metrics, partly driven by a year with the entire portfolio contributing fully, and efficiency gains on project levels. The company guides for a project revenue and project EBITDA of USD 12m and USD 8.5m, respectively.

With the announced preliminary results for 2023 and 2024 guidance, the main focus of the event may be on the progress of the San Patricio project and further progress on the new strategy.

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 kl. 14.24, 11 March 2024.