Mpc Energy Solutions Nv · OSL:MPCES
Mpc Energy Solutions Nv — Q1 2022 Earnings Presentation
13 slides from Mpc Energy Solutions Nv's earnings presentation, Apr 28, 2022
Slide 1: Q1 2022 Webcast
Q1 2022 WEBCAST |→ 05 / 2019 |→ 28/04/2022 MPC ENERGY SOLUTIONS
Slide 2: Q1 Review and Project Update
|→ 05 / 2019 MPC ENERGY SOLUTIONS │ Q1 2022 WEBCAST Q1 REVIEW AND PROJECT UPDATE
Slide 3: Q1 Highlights
Q1 REVIEW AND PROJECT UPDATE |→ 3 Q1 HIGHLIGHTS 5.3 GWH USD 0.5 M FIRST POWER AND REVENUES LOS SANTOS I, MEXICO NEOL CHP, PUERTO RICO + 5.3 GWh energy output + Acquisition completed on 4 February + Acquisition completed on 29 March + USD 0.5 million revenues + Operational 15.8 MW solar PV plant + Fi
Slide 4: Capital Deployment in Q1
Q1 REVIEW AND PROJECT UPDATE |→ 4 CAPITAL DEPLOYMENT IN Q1 CAPITAL DEPLOYMENT Q1 COMMENTS (IN MILLION USD) + Capital deployment continues as planned + Construction funding provided for Santa Rosa/Villa Sol in El Salvador and Los Girasoles in Colombia + Acquisition of Los Santos I completed, final pa
Slide 5: Proprietary Development Backlog Projects
Q1 REVIEW AND PROJECT UPDATE |→ 5 PROPRIETARY DEVELOPMENT BACKLOG PROJECTS PROJECTS FROM DEVELOPMENT BACKLOG UNDER OWNERSHIP COMMENTS Project Country MPCES Ownership Capacity Proportionate Capacity Total CapEx MPCES Investment Next Milestone Comment + Matarredonda and Pacandé (Colombia) MW MW USD M
Slide 6: Update Los Santos I (Mexico)
Q1 REVIEW AND PROJECT UPDATE |→ 6 UPDATE LOS SANTOS I (MEXICO) FAVORABLE CONGRESS VOTE AND COURT RULINGS + President López Obrador’s energy reform was rejected in Congress on 17 April 2022 as the bill did not receive the necessary 2/3 majority vote. + The vote in Congress became necessary after loca
Slide 7: Financial Review
|→ 05 / 2019 MPC ENERGY SOLUTIONS │ Q1 2022 WEBCAST FINANCIAL REVIEW
Slide 8: First Revenues Generated
FINANCIAL REVIEW |→ 8 FIRST REVENUES GENERATED INCOME AND CASH FLOW COMMENTS Income Statement + 16 employees as of 31 March 2022 in million USD Q1 2022 Q1 2021 + First revenue generated from Los Revenue 0.5 - Santos I (Mexico) Cost of revenue (0.2) - Personnel expenses (0.4) (0.1) + Operating expens
Slide 9: Acquisitions and Construction Progress
FINANCIAL REVIEW |→ 9 ACQUISITIONS AND CONSTRUCTION PROGRESS FINANCIAL POSITION COMMENTS Balance Sheet 31 March 31 Dec + Purchase price allocation following in million USD 2022 2021 acquisitions of Los Santos I (Mexico) Intangible assets (preliminary, pre-PPA) 14.1 - and Neol CHP (Puerto Rico) will
Slide 10: Outlook 2022
FINANCIAL REVIEW |→ 10 OUTLOOK 2022 PROPORTIONATE REVENUE AND EBITDA OUTLOOK 2022 COMMENTS (IN MILLION USD) + For 2022, we expect revenue and operating profit contributions only from PROJECT OPEX Los Santos I (Mexico) and Neol CHP 5.0 (Puerto Rico); even though additional 4.5 CORPORATE OPEX plants a
Slide 11: Next Dates
COMMUNICATION |→ 11 NEXT DATES CONTACT INFORMATION 23 JUNE 17 AUGUST 03 NOVEMBER Annual General Q2 2022 Report Q3 2022 Report Investor Relations & Public Relations Meeting and Webcast and Webcast Email: IR@mpc-energysolutions.com Norwegian Media Contact Jo Christian Lund-Steigedal Corporate Communic
Slide 12: Disclaimer
MPC ENERGY SOLUTIONS │ Q1 2022 WEBCAST |→ 12 DISCLAIMER This presentation has been prepared by MPC Energy Solutions N.V. (the “Company”) and contains information about the Company’s activities as of the date of this presentation. The information in this presentation is provided in summary form only
Slide 13: Portfolio and Backlog Overview
Q1 REVIEW AND PROJECT UPDATE |→ 13 PORTFOLIO AND BACKLOG OVERVIEW PROP. MPCES MPCES MPCES EXPECTED PROJECT COUNTRY SECTOR STAGE CAPACITY INVESTMENT REMAINING OFF-TAKER OWNERSHIP COD (MW) (USD M) (USD M) Neol CHP Puerto Rico Energy Efficiency Construction 3.2 9.0 - 95% Neolpharma, USD, 12.5y Q2 2022