Mpc Energy Solutions Nv · OSL:MPCES
Mpc Energy Solutions Nv — Q3 2023 Earnings Presentation
15 slides from Mpc Energy Solutions Nv's earnings presentation, Oct 26, 2023
Slide 1: Making Clean Energy Happen - Q3 2023 Webcast
26 October 2023 MAKING CLEAN ENERGY HAPPEN Q3 2023 Webcast
Slide 2: Forward-Looking Statements
FORWARD-LOOKING STATEMENTS MPC Energy Solutions Certain information and statements shared in this document, including financial estimates and comments about our plans, expectations, beliefs, or business prospects, and other information and statements that are not historical in nature, may constitute
Slide 3: Agenda
AGENDA 01. PROJECT AND COMPANY UPDATES 02. FINANCIAL REVIEW Q1 TO Q3 2023 03. FREE CASH 04. STRATEGIC DIRECTION 05. Q&A | Q3 2023 Webcast | 3
Slide 4: Review Q1 to Q3 2023
MPCENERGY MPC ENERGYSOLUTIONS SOLUTIONS Review Q1 to Q3 2023 | | 4
Slide 5: 01. Project and Company Updates
01. PROJECT AND COMPANY UPDATES EXIT NOVEMBER 2023 Añasco Planeta Rica Enernet Global CHP, 2.6 MW Solar PV, 26.6 MW Collaboration Puerto Rico Colombia Agreement Terminated MPCES will recover USD 2.4 million | Q3 2023 Webcast | 5
Slide 6: 02. Financial Review Q1 to Q3
02. FINANCIAL REVIEW Q1 TO Q3 Energy Output Project Revenue Project EBITDA Ø Price per MWh (GWh) (million USD) (million USD) (power-producing asset only, USD) 74.5 6.9 6.3 Total Assets USD 129.3 million 3.1 99 Equity Ratio 3.6 85 57% 2.2 22.3 1.6 0.3 0.6 Energy production Energy trading (0.5) Q1 to
Slide 7: 02. Financial Review Q1 to Q3
02. FINANCIAL REVIEW Q1 TO Q3 34.1 + Solar PV plants Santa Rosa/Villa Sol (El Salvador) and Los Santos I (Mexico) with solid performance 24.6 and contribution to overall results year-to-date Energy Output 74.5 (YTD). (GWh) 15.8 YTD + Neol CHP (Puerto Rico) performing below expectations. Off-taker is
Slide 8: 02. Financial Review Q1 to Q3
02. FINANCIAL REVIEW Q1 TO Q3 Energy Output Revenue EBITDA Capacity Current Project Country Technology Q1 to Q3 2023 Q1 to Q3 2023 Q1 to Q3 2023 EBITDA Margin (MW) MPCES Stake (GWh) (mUSD) (mUSD) Neol CHP Puerto Rico CHP 3.4 95% 16.6 1.1 0.4 36% Santa Rosa & Villa Sol El Salvador Solar PV 21.3 100%
Slide 9: 03. Free Cash
03. FREE CASH = Cash that is freely disbursable and available to cover CapEx, Overhead and DevEx; in million USD 13 + USD 2.4 million to be returned from Añasco project in Puerto Rico latest in March 2024. 11 + We anticipate to significantly increase our free cash reserves by year-end 2023. 8 31/03/
Slide 10: Going Forward
MPCENERGY MPC ENERGYSOLUTIONS SOLUTIONS Going Forward | | 10
Slide 11: 04. Strategic Direction
04. STRATEGIC DIRECTION + Since early July of this year, MPCES has taken steps to adjust its strategic focus and narrow down its short-term priorities. 1 Shore up cash reserves, create maximum number of alternatives + The goal is to put the company in a position to be self-sustainable, i.e. to opera
Slide 12: 04. Strategic Direction: Development Backlog
04. STRATEGIC DIRECTION: DEVELOPMENT BACKLOG Current Capacity Project Country Technology Status MPCES Stake (MW) Focus Backlog San Patricio Guatemala Solar PV 100% 65 Development San Antonio Guatemala Solar PV 100% 40 Development Acacia Jamaica Solar PV 100% 65 Development Santa Teresa Panama Solar
Slide 13: Q&A
MPCENERGY MPC ENERGYSOLUTIONS SOLUTIONS Q&A | | 13
Slide 14: Contact Information
CONTACT INFORMATION MPC Energy Solutions N.V. Apollolaan 151, Unit 121 1077 AR Amsterdam The Netherlands Investor Relations & Public Relations Email: IR@mpc-energysolutions.com www.mpc-energysolutions.com | | 14
Slide 15: Disclaimer
DISCLAIMER MPC Energy Solutions This presentation has been prepared by MPC Energy Solutions N.V. (the “Company”) and is general background information about the Company’s activities at the date of this presentation. The information in this presentation is provided in summary form only and does not p