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MPC Energy Solutions NV ( (DE:5IX) ) has provided an update.
MPC Energy Solutions has completed the sale of its joint venture in Colombia, Planeta Rica, significantly boosting its free cash position to USD 8.7 million. Additionally, the company announced a delay in the testing phase of its 66 MWp solar PV project in Guatemala due to pending government permits, with further updates to be provided during the Q3 earnings call.
More about MPC Energy Solutions NV
MPC Energy Solutions develops, builds, owns, and operates renewable energy assets, including utility-scale solar photovoltaics (PV), onshore wind farms, and hybrid projects that combine renewable sources with storage technologies.
YTD Price Performance: -10.42%
Average Trading Volume: 18,863
Current Market Cap: NOK191.4M
Learn more about 5IX stock on TipRanks’ Stock Analysis page.