Mpc Energy Solutions Nv · OSL:MPCES
Mpc Energy Solutions Nv — Q1 2023 Earnings Presentation
16 slides from Mpc Energy Solutions Nv's earnings presentation, Apr 27, 2023
Slide 1: Making Clean Energy Happen - Q1 2023 Webcast
27 April 2023 MAKING CLEAN ENERGY HAPPEN Q1 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: Milestones in Q1
MPCENERGY MPC ENERGYSOLUTIONS SOLUTIONS Milestones in Q1 | | 3
Slide 4: Milestones in Q1
MILESTONES IN Q1 We connected 3 projects to the grid, started construction in Puerto Rico, and entered the Guatemalan Market + 3 Projects Connected to the Grid + Neol CHP (Puerto Rico), CHP, 3.4 MW, 95% ownership + Santa Rosa & Villa Sol (El Salvador), PV, 21.3 MW, 100% ownership + Los Girasoles (Co
Slide 5: Financial Review Q1
MPCENERGY MPC ENERGYSOLUTIONS SOLUTIONS Financial Review Q1 | | 5
Slide 6: Q1 Financial Review
Q1 FINANCIAL REVIEW Scale-up already visible Energy Output Project Revenue Project EBITDA (GWh) (million USD) (million USD) Total Assets 15.8 USD 130 million Equity Ratio 58% 1.7 1.4 5.5 w/o trading Free Cash 0.9 0.7 w/o trading USD 13 million 0.5 0.3 Q1 2022 Q1 2023 Q1 2022 Q1 2023 Q1 2022 Q1 2023
Slide 7: Road to 1,000 MW
MPCENERGY MPC ENERGYSOLUTIONS SOLUTIONS Road to 1,000 MW | | 7
Slide 8: Our First 1,000 MW
OUR FIRST 1,000 MW Converting development backlog into construction and operation by 2027 is key Development Backlog - 800 MW RTB by 2025 (in MW) + New developments will commence in El Salvador, Panama and Colombia development 200 1,000 + Additional opportunities in Dominican 348 800 Republic and Me
Slide 9: Return boost through leverage
MPCENERGY MPC ENERGYSOLUTIONS SOLUTIONS Return boost through leverage | | 9
Slide 10: Target: Increase Leverage
TARGET: INCREASE LEVERAGE We will secure debt funding for existing and future projects Leverage Current Projects (proportionate values) target to match peers 75% + Our goal is to secure project debt for currently unlevered projects + Target debt ratio of new project 75%-80% 52% 48% + Kick-start cycl
Slide 11: Secured Cash Flows
MPCENERGY MPC ENERGYSOLUTIONS SOLUTIONS Secured Cash Flows | | 11
Slide 12: Long-Term, De-Risked, Predictable Cash Flows
LONG-TERM, DE-RISKED, PREDICTABLE CASH FLOWS We signed power purchase agreements for eight projects 16 years 90% 10% USD 430 million weighted average in USD in COP proportionate contracted remaining PPA lifetime revenues under existing PPAs | Q1 2023 Webcast | 12
Slide 13: Contact Information
CONTACT INFORMATION MPC Energy Solutions N.V. Kon. Wilhelminaplein 1 1062 HG Amsterdam The Netherlands Investor Relations & Public Relations Email: IR@mpc-energysolutions.com www.mpc-energysolutions.com | | 13
Slide 14: Annex
MPCENERGY MPC ENERGYSOLUTIONS SOLUTIONS Annex | | 14
Slide 15: Project Overview
PROJECT OVERVIEW Diversified across the region Project Country Segment Installed Capacity MPCES Stake Stage MPCES Invest to date Portfolio Neol CHP Puerto Rico Energy Efficiency 3.4 MW 95% Operational USD 9.0 million Los Girasoles Colombia Solar 12.3 MW 100% Operational USD 11.3 million Planeta Rica
Slide 16: 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