Mast Energy Developments PLC (LSE:MAST) has announced robust interim results for the first half of 2025, underpinned by revenue growth from its Pyebridge site and a series of strategic initiatives. The company secured new Capacity Market contracts that provide guaranteed income through 2029 and entered into a £5 million investment agreement with Powertree to advance its Hindlip project. In parallel, MED completed a £5 million equity raise, strengthening its balance sheet and supporting its expansion plans.
The company also broadened its project portfolio and established a joint venture to explore power supply solutions tailored to the rapidly growing AI datacentre sector, aligning with emerging demand for flexible energy infrastructure.
About Mast Energy Developments PLC
Mast Energy Developments PLC is a UK-based energy company active in the flexible power generation market. As a multi-asset owner, developer, and operator, it is focused on scaling its portfolio with the goal of surpassing 300 MW of generation capacity.
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