MPC Energy Solutions has finalized the sale of its Planeta Rica solar project in Colombia, marking a significant milestone in its renewable energy initiatives in Latin America. The sale, which was completed on September 29, 2025, follows the initial agreement signed in July 2025, and fulfills all necessary closing conditions [1, 2]. News of the sale and its impact on MPC Energy Solutions’ financial position has been widely reported [3, 4, 5].
As a direct result of this transaction, MPC Energy Solutions has seen a substantial increase in its free cash reserves, jumping from USD 2.2 million at the end of June 2025 to USD 8.7 million [2]. Furthermore, the agreement includes potential for additional payments to MPC Energy Solutions, contingent upon the Planeta Rica solar plant achieving specific milestones and performance targets within the subsequent twelve months [2].
This sale of the Colombian solar PV project Planeta Rica [1] represents a significant liquidity boost for MPC Energy Solutions, a company actively involved in the development and operation of renewable energy assets, with a focus on solar PV and wind farms. For those interested in the broader context of solar energy development in Colombia, it’s worth exploring why Colombia is considered a promising solar frontier.