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flag MPC Energy Solutions reports Q1 profit and energy output gains, despite plant loss and asset sales.

flag MPC Energy Solutions, formerly NuWays AG, saw a 2% rise in Q1 energy output to 29 GWh, despite losing its Puerto Rico plant. flag The company's EBIT turned positive at $0.1 million, up from a $0.4 million loss last year, thanks to cost-cutting. flag MPC is selling Colombian assets and developing two new projects totaling 90 MW. flag Despite liquidity concerns, it is expected to be well-capitalized from asset sales and plans to return cash to shareholders.

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