HAMBURG: 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 NOK 857 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 capitalize 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, said: “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 said.

MPC Energy Solutions will cover the full life cycle of a project by implementing an integrated business model. The Company will serve as the owner, developer and operator of the projects, helping to ensure these meet the highest possible standards while maximising the generated returns. The renewable projects are located mostly in emerging markets, which enables capital inflow in these countries.

Martin Vogt, CEO of MPC Energy Solutions, said: “The clean energy sector has matured materially in the past 10-15 years, but the environment is changing, and the simple deployment of solar PV and wind technology is often not sufficient anymore. The industry and our clients require solutions that provide around the clock low carbon, cost-competitive and reliable power supply. Therefore, it becomes critical to design projects that meet such demand utilizing different generation and storage technologies.”

 “The company aims to implement projects with more than 500 MW of installed capacity of low carbon and renewable energy infrastructure over the next two years. Given our local presence and strong experience within the Caribbean and Latin America, we will build a first series of projects here before expanding into other parts of the world. In our core markets, the clean energy sector requires about USD 18 billion of investment in the coming decade. We aim to become the leading contributor to the energy transition in the region and beyond,” Mr Vogt said.

The Private Placement of MPC Energy Solutions was marketed by Fearnley Securities AS and SpareBank 1 Markets AS as Joint Lead Managers and Bookrunners. Advokatfirmaet Wiersholm AS has acted as Norwegian legal counsel.

MPC Capital AG is an international asset and investment manager for real asset investments. Together with its subsidiaries, the company develops and manages real asset investments and investment products for international institutional investors, family offices and professional investors. Its asset categories of focus are Real Estate, Shipping and Infrastructure. MPC Capital AG is listed on the stock exchange (MPCK) since 2000 and has around 280 employees group-wide. www.mpc-capital.com

MPC Energy Solutions is a global provider of sustainable energy and primarily focuses on low-carbon energy infrastructure, including solar and wind assets, and other hybrid and energy efficiency solutions. The company participates in full project lifecycle of renewable solutions, from early-stage development through construction and operation. www.mpc-energysolutions.com