MPC Energy Solutions signs agreement to sell stake in Colombian solar PV project Planeta Rica; closing expected later this year

09 Jul 2025 07:00 CEST

Amsterdam/Oslo -- 9 July 2025 -- MPC Energy Solutions ("MPCES", "Company") has
signed an agreement to sell its shares in the solar PV joint venture Planeta
Rica in Colombia. The closing of the transaction is pending customary closing
conditions which will be finalized in the coming months.

MPCES acquired a 50% equity stake in the 26.6 MW project in 2021, partnering
with Akuo Energy. The plant began operations in late 2023 and was fully
commissioned in 2024.

Last year, MPCES announced that it would sell its stake in Planeta Rica and
other projects as part of the Company's plan to exit the country. The Company
still operates a 12.3 MW solar PV plant in Colombia, for which it is seeking a
buyer, and has already ceased and divested all its development efforts in the
country over the past few months.

MPCES, its joint venture partner and the buyer have decided not to disclose
financial details of the transaction.

[END OF RELEASE]

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About MPC Energy Solutions
MPC Energy Solutions ("MPCES") develops, builds, owns and operates renewable
energy assets, including utility-scale solar photovoltaics (PV) and onshore
wind farms and hybrid projects, combining renewable sources and storage
technologies. More details at www.mpc-energysolutions.com
(http://www.mpc-energysolutions.com/)

Media contacts
MPC Energy Solutions N.V.
Investor Relations & Public Relations
Email: ir@mpc-energysolutions.com

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650919_MPC Energy Solutions signs agreement to sell stake in Colombian solar PV project Planeta Rica; closing expected later this year.pdf