Slide 1: Making Clean Energy Happen
03 November 2022 MAKING CLEAN ENERGY HAPPEN Q3 2022 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: Our Business and Strategy
OUR BUSINESS AND STRATEGY | | 3
Slide 4: Making Clean Energy Happen! Vision and Mission
MAKING CLEAN ENERGY HAPPEN! VISION We see a world where everyone has access to clean and affordable energy. One where growing energy needs can be fulfilled while preserving resources for future generations. MISSION To provide solutions that drive and accelerate the transition towards clean energy. T
Slide 5: Comprehensive Value Chain
COMPREHENSIVE VALUE CHAIN Full-cycle Independent Power Producer (IPP) MPC Energy Solutions focuses on client needs, regardless of which We cover the whole value chain, from greenfield low-emission technology is required to enable the transition development to long-term operation Energy Solar Wind Fa
Slide 6: Market Characteristics
MARKET CHARACTERISTICS Delivering affordable and clean energy Government-sanctioned Small and/or undiversified Dependence on fossil fuels High generation costs and energy transition goals renewable energy base energy prices | Q3 2022 Webcast | 6
Slide 7: Regional Footprint
REGIONAL FOOTPRINT Providing clean and affordable energy for Latin America and the Caribbean Our Market Approach + Current focus on Latin America and the Caribbean + Expertise and long-standing networks and partnerships in this region, executed by our local teams + Nearly all countries in the region
Slide 8: Solar Growth Opportunities
SOLAR GROWTH OPPORTUNITIES Expanding our development backlog in the region with focus on solar projects Current vs. Additional Solar Capacity Forecast by 2030, in MW Targeted Proprietary Development Backlog Capacity by 2025, in MW 2020 2030 25,930 200 200 ADDITIONAL 28 GW 800 6,537 6,674 2,300 555 3
Slide 9: Project Update
PROJECT UPDATE | | 9
Slide 10: Project Overview
PROJECT OVERVIEW Diversified across the region Installed MPCES MPCES Invest Comments Project Country Segment Capacity Stake to date Portfolio + Portfolio includes projects owned by MPCES that are Neol CHP Puerto Rico Energy Efficiency 3.4 MW 95% USD 9.0 million either operational or under constructi
Slide 11: 100 MW Under Construction Across 4 Countries
100 MW UNDER CONSTRUCTION ACROSS 4 COUNTRIES Capital expenditure secured and fully funded St. Kitts & Nevis + Solar + Battery + 35.7 MW + 18.2 MW + COD expected in Q1 2024 El Salvador + Solar + 21 MW Puerto Rico + COD expected in Q1 2023 + Combined Heat and Power (CHP) + 3.4 MW + COD expected in Q1
Slide 12: Construction Progress
CONSTRUCTION PROGRESS All four plants on track to achieve COD in early 2023 Santa Rosa & Villa Sol Los Girasoles Planeta Rica Neol CHP El Salvador Colombia Colombia Puerto Rico Overall progress: 88% Overall progress: 72% Overall progress: 65% Overall progress: 100% Module Installation Module Install
Slide 13: Five Operational Assets by Early 2023
FIVE OPERATIONAL ASSETS BY EARLY 2023 Proportionate 66 MW installed capacity on track to be oprational next year Installed Capacity Ramp-Up by Early 2023 Comments (MW) + External challenges (COVID, supply chain disruptions, cost increases throughout the value chain) were managed well. + MPCES will c
Slide 14: Financial Review
FINANCIAL REVIEW | | 14
Slide 15: Long-Term, De-Risked and Predictable Cash Flows
LONG-TERM, DE-RISKED AND PREDICTABLE CASH FLOWS Current portfolio (six projects, 100% view), long-term visibility on performance, mainly in USD 15.3 years 75% 25% USD 314 million approx. average of PPA revenues of PPA revenues contracted revenues remaining PPA lifetime in USD in COP under existing P
Slide 16: Free Cash
FREE CASH Waterfall (in million USD) Comments + We continue to be disciplined when allocating and committing capital, strictly following our investment criteria with a clear focus on creating shareholder value. + Available free cash of USD 19.8 million to cover operational spending and additional in
Slide 17: Q1 to Q3 Financial Performance of Projects
Q1 TO Q3 FINANCIAL PERFORMANCE OF PROJECTS USD 2.5 million revenue YTD, 22.3 GWh energy generated Energy Output Revenue and EBITDA Margin Comments (GWh) (revenues in million USD, EBITDA margin in %) + Energy output and revenue generation in line with previously communicated expectations. + Los Santo
Slide 18: 2022 Outlook and Capital Recycling
2022 OUTLOOK AND CAPITAL RECYCLING Outlook confirmed Revenue and EBITDA Projection Outlook 2022 (in million USD) + We confirm the year-end outlook shared in our previous market update. PROJECT OPEX 3.5 Capital Recycling CORPORATE OPEX + To allow for a quicker repatriation of invested funds, we 2.2 a
Slide 19: Contact Information
CONTACT INFORMATION Investor Relations & Public Relations Email: IR@mpc-energysolutions.com MPC Energy Solutions NV Kon. Wilhelminaplein 1 1062 HG Amsterdam The Netherlands www.mpc-energysolutions.com | | 19
Slide 20: 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