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Mast Energy Developments PLC ( (GB:MAST) ) has shared an announcement.
Mast Energy Developments PLC has made significant progress on its 7.5 MW Hindlip flexible generation power project with the arrival of Rolls-Royce mtu low-carbon reciprocating gas turbine engines. These engines, known for their efficiency and low emissions, are a critical component in reaching the project’s commercial operations date in Q2 2026. The project is fully funded in partnership with Powertree, and the construction is on track, enhancing MED’s portfolio and contributing to the UK’s energy security. Additionally, the company has applied for a block listing of 245,200,000 ordinary shares, which will support its financial operations.
More about Mast Energy Developments PLC
MAST Energy Developments PLC is a UK-based developer, operator, and owner of flexible generation power assets. The company specializes in infrastructure planning, grid access, gas access, and efficient power supply, with a strategic focus on becoming a leading AI infrastructure platform on the London Stock Exchange.
Average Trading Volume: 1,184,102
Technical Sentiment Signal: Sell
Current Market Cap: £16.2M
See more data about MAST stock on TipRanks’ Stock Analysis page.