DGAP-News: MPC Münchmeyer Petersen Capital AG / Key word(s): Miscellaneous
- Private Placement of USD 100 million ahead of Euronext Growth Oslo listing
Hamburg/Oslo, 11 January 2021 - MPC Capital AG (Deutsche Börse Scale, ISIN DE000A1TNWJ4) 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.
Integrated business model
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 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.
About MPC Capital AG (www.mpc-capital.com)
About MPC Energy Solutions (www.mpc-energysolutions.com)
MPC Capital AG / MPC Energy Solutions NV
This announcement is not an offer of securities nor a solicitation for sale in the United States, Australia, Canada, Japan or in any jurisdiction to whom or in which such offer or solicitation is unlawful. The securities referred to in this press release have not been, and will not be, registered under the US Securities Act of 1933, as amended (the "Securities Act"), and may not be offered or sold in the United States absent registration or an exemption from registration. There will be no public offering of the securities in the United States of America. Subject to certain exceptions, the securities referred to herein may not be offered or sold in Australia, Canada or Japan or to, or for the account or benefit of, any national, resident or citizen of Australia, Canada or Japan.
11.01.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
MPC Münchmeyer Petersen Capital AG
+49 (0)40 380 22-0
+49 (0)40 380 22-4878
Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
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