Energia
MPC Energy Solutions completes acquisition of Los Santos Solar I project in Mexico
In 2020, according to the International Energy Agency (IEA), power generation from renewables accounted for 18.8 per cent of the total electricity produced in Mexico . This is a 28.55 per cent increase in renewables power generation since 2015.
The plant is operational since 2017 and has a capacity of 15.8 MWp, with the potential to be extended to 90 MWp. The project has a USD-denominated power purchase agreement (PPA) with Leoni Cable , a German cable manufacturer, and the International De La Salle Educational Network. The US Government's Development Finance Corporation (DFC) and the North American Development Bank (NADB) provided a 20-year project funding.
added: "We are excited to have our first operational project in the portfolio reinforcing our commitment to assist Latin America diversifying its energy mix towards cleaner sources and helping create resilience in the region."
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 atwww.mpc-energysolutions.com
MPC Energy Solutions N.V.
Investor Relations & Public Relations
Email: 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
Charles Font
Montieth & Company
Phone: +44 020 38575478
Email: cfont@montiethco.com
This information was brought to you by Cision http://news.cision.com
https://news.cision.com/mpc-energy-solutions-n-v-/r/mpc-energy-solutions-completes-acquisition-of-los-santos-solar-i-project-in-mexico,c3499720
The following files are available for download: