-

Maurel & Prom: Start of Construction of Quilemba Solar Photovoltaic Power Plant in Angola

PARIS--(BUSINESS WIRE)--Regulatory News:

Maurel & Prom (Paris:MAU):

The Angolan company Quilemba Solar Lda, a joint venture between TotalEnergies (51%), Sonangol (30%) and Maurel & Prom (19%), has begun construction work on the Quilemba photovoltaic power plant, located near Lubango in southern Angola.

The Quilemba photovoltaic power plant, with an initial capacity of 35 MWp and the possibility of adding 45 MWp in a second phase, is scheduled to come on stream during the first half of 2026. The project will be the largest privately-owned photovoltaic power plant in Angola and will contribute to the decarbonization of the country's energy mix by supplying renewable electricity to nearly 40,000 homes.

The groundbreaking ceremony took place on May 16, 2025 in Lubango, in the presence of the Vice-Governor of Huíla Province, the Secretary of State for Oil and Gas, the Secretary of State for Energy, the Chairman of the Board of Directors of the National Oil and Gas Agency, the French Ambassador to Angola, local traditional authorities and all partners.

Olivier de Langavant, Chief Executive Officer of M&P, said:
"We are very pleased to contribute to the realization of the Quilemba solar power plant, a project that is perfectly in line with our ambitions in terms of sustainable development. For M&P's first industrial solar project, we chose Angola - a strong signal of our commitment to supporting the Angolan state as a trusted partner over the long term."

For more information, please visit www.maureletprom.fr/en/

This document may contain forecasts regarding the financial position, results, business and industrial strategy of Maurel & Prom. By their very nature, forecasts involve risk and uncertainty insofar as they are based on events or circumstances which may or may not occur in the future. These forecasts are based on assumptions we believe to be reasonable, but which may prove to be incorrect and which depend on a number of risk factors, such as fluctuations in crude oil prices, changes in exchange rates, uncertainties related to the valuation of our oil reserves, actual rates of oil production and the related costs, operational problems, political stability, legislative or regulatory reforms, or even wars, terrorism and sabotage.

Maurel & Prom is listed on Euronext Paris
SBF 120 – CAC Mid 60 – CAC Mid & Small – CAC All-Tradable – PEA-PME and SRD eligible
Isin FR0000051070 / Bloomberg MAU.FP / Reuters MAUP.PA

Contacts

Maurel & Prom
Shareholder relations
Tel.: +33 (0)1 53 83 16 45
ir@maureletprom.fr

NewCap
Investor/media relations
Tel.: +33 (0)1 44 71 98 53
maureletprom@newcap.eu

Maurel & Prom

BOURSE:MAU

Release Versions

Contacts

Maurel & Prom
Shareholder relations
Tel.: +33 (0)1 53 83 16 45
ir@maureletprom.fr

NewCap
Investor/media relations
Tel.: +33 (0)1 44 71 98 53
maureletprom@newcap.eu

More News From Maurel & Prom

Maurel & Prom: Biannual Update on the Liquidity Agreement

PARIS--(BUSINESS WIRE)--Regulatory News: Maurel & Prom (Paris:MAU): Under the liquidity contract entered into between ETABLISSEMENTS MAUREL ET PROM and Kepler Cheuvreux, the following resources appeared on the liquidity account on December 31st 2025: 127,261 shares € 868,071.01 During the second half of 2025: Number of executions on buy side: 3,095 Number of executions on sell side: 3,177 Traded volume on buy side: 1,582,234 shares for € 7,829,728.73 Traded volume on sell side: 1,611,368 sh...

Maurel & Prom: 2026 Financial Calendar

PARIS--(BUSINESS WIRE)--Regulatory News: Etablissements Maurel & Prom (Euronext Paris: MAU, ISIN FR0000051070) announces its financial communication calendar for 2026. 29 January 2026: Activity in 2025 Press release before the financial markets opening 12 March 2026: 2025 Annual Results Press release before the financial markets opening 16 April 2026: Q1 2026 Activity Press release before the financial markets opening 19 May 2026: Annual General Meeting (10:00 am) 21 July 2026: Activity in...

Maurel & Prom: Closing of the Acquisition of a 61% Interest in the Sinu-9 Gas Permit in Colombia

PARIS--(BUSINESS WIRE)--Regulatory News: Etablissements Maurel & Prom S.A. (“M&P”, the “Group”) (Paris:MAU) announces that, further to its press release dated 29 December 2025 regarding the approval granted by Colombia’s National Hydrocarbons Agency (ANH), the transactions previously announced relating to the acquisition by M&P of a total 61% working interest and operatorship in the Sinu-9 gas licence in Colombia were successfully closed on Monday 5 January 2026. The transactions co...
Back to Newsroom