**Company** Mast Energy Developments PLC (MED)
**Date:** May 62025
**Announcements**
1. **Powertree Investment Agreement** MED has successfully completed a ยฃ5 million investment agreement with Powertree (Holdings) Ltd. This formalizes a long-term partnership for deploying capital into MEDs flexible power generation projects, starting with the 7.5MW Hindlip project. The investment fully funds the Hindlip project with no further obligation from MED. Construction is expected to begin soon, with a timeline of 9-12 months to commissioning and commercial operations.
2. **Pyebridge Trading Revenues** MED reports increased trading revenues for its Pyebridge site, with final revenue for February 2025 at ยฃ77,000 and preliminary revenue for March 2025 at ยฃ86,000. Average trading revenue per MW in production per month is approximately ยฃ24,200 for the 9-month period from July 2024 to March 2025.
3. **Significant Shareholdings Update** MED notes a reduction in significant leveraged positions in its shares by Spreadex and Cantor Fitzgerald. Cantor Fitzgeralds position has reduced to 0.23%, while MED believes the position held by Spreadex has been closed.
4. **CEO Comments** Pieter Krรผgel, MED CEO, expresses delight at the successful investment agreement with Powertree and the positive trading results at the Pyebridge site. He highlights the importance of flexible power generation in balancing the national grid, using the recent power blackout in Spain and Portugal as an example.
**Contact Information** MED provides contact details for further information and updates, including email, LinkedIn, and Twitter handles.
Note: The information provided is based on the text supplied. It only includes financial and debt-related information for Mast Energy Developments PLC for the years 2024 and 2025. The table only includes figures and changes for February 2025 and preliminary reports for the same period in 2024. The table does not include projections or figures for other months or years.