Mast Energy Developments PLC (GB:MAST) has released an update.
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Mast Energy Developments PLC reports promising revenue growth from its Pyebridge asset, with trading revenue for October 2024 increasing by 11% to £72,000 and November preliminary revenue reaching £58,000. The installation of a second refurbished genset has doubled the site’s production capacity, and MED anticipates further expansion with the support of a new project finance framework with RiverFort Global Capital. These developments position MED for substantial growth in its energy production portfolio.
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