MPC Capital AG has initiated a new renewable energy platform under the brand “MPC Energy Solutions”. In a private placement directed towards institutional investors, MPC Energy Solutions NV has successfully raised a total of NOK857 million (USD 100 million) in advance of its listing on Oslo Stock Exchange’s Euronext Growth segment. The Private Placement attracted strong interest from Nordic and international high-quality investors and was multiple times oversubscribed.
MPC Energy Solutions was established by MPC Capital to capitalise on the growing demand for sustainable and cost-competitive low-carbon energy infrastructure. As a developer, operator and owner of clean energy assets, it will support the transition towards a net zero-emission future. MPC Energy Solutions will develop and invest in renewable energy generation including utility-scale solar PV and wind farms, energy storage, co-generation as well as other infrastructure that helps reduce energy consumption and carbon emissions.
Fully in line with its institutional co-investment strategy, MPC Capital has co-invested in the newly listed company.
Ulf Holländer, CEO of MPC Capital, says: “We have a strong team with a proven track record in renewable energies of more than ten years and made great strides towards becoming the leader in renewable energy infrastructure in the region of Latin America and The Caribbean. We look forward to further develop our renewable energy business as we continue to offer our investors the opportunity to capitalise on a strong growth sector with an ever-growing global demand for new projects.”
“The successful initiation of MPC Energy Solutions underlines the ability of the MPC group to tap capital markets for attractive real asset investment strategies. In doing so, Oslo Stock Exchange was an obvious choice in our search for the most suitable marketplace. The impressive track record with renewable companies provides for an educated and professional domestic and international investor base for companies like MPC Energy Solutions,” he says.
