Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
Mast Energy Developments PLC ( (GB:MAST) ) has provided an update.
Mast Energy Developments PLC has announced a record high in electricity sales prices at its Pyebridge power generation asset, significantly outperforming market averages in December 2024. The company has effectively doubled its production capacity at Pyebridge following the refurbishment and commissioning of a second genset, which has enhanced their revenue generation capabilities. Additionally, Mast Energy is set to strengthen its growth strategy through a new partnership with Powertree, complementing its existing agreement with RiverFort, to expedite the company’s expansion plans.
More about Mast Energy Developments PLC
Mast Energy Developments PLC operates in the flexible power generation industry, focusing on providing backup electricity solutions. The company aims to become the leading publicly listed flexible power generation company in the UK, with a goal to build a portfolio of over 300 MWs.
YTD Price Performance: 2.94%
Average Trading Volume: 5,631,615
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £746.1K
For an in-depth examination of MAST stock, go to TipRanks’ Stock Analysis page.
