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The latest update is out from Mast Energy Developments PLC ( (GB:MAST) ).
Mast Energy Developments PLC announced record high revenues for January 2025 from their Pyebridge power generation asset, achieving approximately £201,000 in preliminary trading revenue, significantly outperforming the market average electricity price. The site has increased its generation capacity with the completion of two genset refurbishments, now operating at 5.4MW and planning to reach full capacity of 8.1MW. This performance highlights the company’s strategic progress and its potential to further enhance its market position, supported by new partnerships aimed at expanding their power generation capabilities.
More about Mast Energy Developments PLC
Mast Energy Developments PLC is a company focused on flexible power generation. They operate within the energy industry and their primary services include generating electricity through flexible power generation assets. The company aims to establish itself as a leading publicly listed flexible power generation company in the UK, targeting a portfolio of over 300 MWs.
YTD Price Performance: 38.24%
Average Trading Volume: 9,014,647
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £1M
For a thorough assessment of MAST stock, go to TipRanks’ Stock Analysis page.