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).
