Mast Energy Developments PLC (GB:MAST) has released an update.
Mast Energy Developments PLC reports steady progress on the overhaul of its first genset at Pyebridge, with expectations to increase revenue sooner than anticipated. The company is actively seeking project capital expenditure funding from potential debt and equity sources to advance its construction-ready sites. In addition, MED is taking legal action to recover default penalties from Proventure following the JVA termination.
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