Mast Energy Developments Completes £5m Investment Deal, Provides Revenue Update
The renewable energy company has secured a £5m investment, reported positive trading results, and seen changes to its major shareholders.
The renewable energy company has secured a £5m investment, reported positive trading results, and seen changes to its major shareholders.
The energy developer reported a 77% revenue increase, but faces ongoing financial challenges. With a precarious cash position and reliance on further financing, the company's outlook remains uncertain despite some positive developments.
The utility company has announced a change in its major shareholding structure.
The renewable energy company has secured a £5 million investment to fully fund the construction of its 7.5MW Hindlip project, with additional Capacity Market contracts also secured for its Pyebridge site.
The renewable power company reported record high January revenues at its Pyebridge flexible power generation asset, outperforming the market average electricity price by a significant margin.
The power generation company has launched a new website, but the announcement provides no details on any material business changes.
Flexible power generation company reports strong operational and financial performance, with record high electricity sales prices and expanded production capacity.
Flexible power plant operator secures growth capital partnership and expands capacity
Mast Energy Developments, a renewable energy company, reports strong performance at its Pyebridge project and progress in expanding its operational capacity.
MAST Energy Developments, a renewable power generator, reports strong operational and financial progress, including record revenues, project sale, and new financing framework.