tiprankstipranks
Advertisement
Advertisement

MPC Energy Solutions Boosts Cash Position with Final Payment from Puerto Rico Plant Sale

Story Highlights
MPC Energy Solutions Boosts Cash Position with Final Payment from Puerto Rico Plant Sale

Claim 55% Off TipRanks

The latest update is out from MPC Energy Solutions NV ( (DE:5IX) ).

MPC Energy Solutions has increased its free cash position to USD 9.6 million following the final payment from the sale of a CHP plant in Puerto Rico. The company is currently managing three operational projects and one pre-revenue project awaiting permits, with further updates expected during the upcoming Q3 earnings call.

More about MPC Energy Solutions NV

MPC Energy Solutions develops, builds, owns, and operates renewable energy assets, focusing on utility-scale solar photovoltaics, onshore wind farms, and hybrid projects that combine renewable sources with storage technologies.

Average Trading Volume: 21,120

Current Market Cap: NOK193.1M

For detailed information about 5IX stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1