23 sep 25   mast energy dvlpmts. - pyebridge income boost -15-yr. cap. mkt. contract mast energy developments plc | mast | 144 0 0.0% | mkt cap: 34.2m    rns number : 3253a mast energy developments plc 23 september 2025   mast energy developments plc (incorporated in england and wales) (registration number: 12886458) lei :213800hfvhgj9ygo9f71 share code on the lse: mast isin: gb00bng90h86 ('med' or 'the company')   dated: 23 september 2025   mast energy developments plc ("med" or the "company")   mast's pyebridge 8.1 mw flexgen power asset boosts income with 15-year maximum capacity market contract   london, uk - mast energy developments plc (lse: mast) is pleased to announce, further to its rns announcement dated 31 july 2025, that the company's 100% owned pyebridge 8.1 mw operational flexible generation power asset has significantly boosted its income with a guaranteed 15-year capacity market contract, the highlights and details of which are outlined below.   key highlights: ·    the uk capacity market ("cm") is a government-backed scheme designed to ensure security of electricity supply by providing guaranteed income payments to reliable sources of capacity, such as mast's flexible generation power assets; ·    the benefits of a cm contract include guaranteed, stable, long-term revenues, reducing exposure to wholesale market volatility; ·    pyebridge successfully fulfilled the necessary requirements under the cm rules and submitted an application for the upcoming cm auction, for a maximum tenure 15-year t-4 cm contract at the asset's maximum possible generation capacity of c. 8.1 mw; ·    pyebridge already has an uninterrupted series of existing 1-year cm contracts covering the period until 2029 and amounting to cumulative total guaranteed gross profit income of c. £1.7 million, as previously announced; ·    this latest cm application and associated cm contract will cover the period from 2029 until 2044, and provide pyebridge and med with a significant boost in uninterrupted guaranteed gross profit income until 2044; ·    assuming that the upcoming t-4 cm auction price clears at the same price as last year of £60,000 per mw/annum, which is expected, means that pyebridge's new cm contract will have a cumulative total guaranteed gross profit income value of c. £6.5 million (before annual inflation increases), in addition to the c. £1.7 million of its existing cm contracts., totaling c. £8.2 million; and ·    the cm contract income is over and above the site's wholesale market revenue via its ppa with statkraft, and embedded benefits revenue, currently yielding c. £276,000 per mw per annum, as previously announced.   pieter krügel, chief executive officer of mast energy, said: "we are delighted with the pyebridge application for a maximum tenure 15-year t-4 cm contract at the maximum possible generation capacity of c. 8.1 mw. this application was made possible by the comprehensive refurbishment programme which we successfully implemented at pyebridge last year, within expected timeline and budget. the new cm contract will further boost pyebridge's economics and provide attractive guaranteed cashflows up to 2044."   about mast energy developments plc: mast energy developments plc (lse: mast) is a uk-based developer, operator and owner of flexible generation power assets. the company has deep expertise in infrastructure planning, grid access, gas access, and efficient power supply. its new ai power supply strategy is intended to position mast as a leading ai infrastructure platform on the london stock exchange (read more here).   stay up to date with med's latest news and updates by joining our emailing list and social media channels, as follows:   med general enquiries - https://www.med.energy/contact med email alerts - https://www.med.energy/rnsannoucements-1 med linkedin page - https://uk.linkedin.com/company/mast-energy-developments-plc med x (formerly twitter) handle - @mastplc     forward-looking statements: this rns announcement contains forward-looking statements. these statements involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied. no statement in this announcement is intended as a profit forecast, and forward-looking statements speak only as of the date of this announcement. the company undertakes no obligation to update such statements except as required by law and regulations.   ends   this announcement contains inside information for the purposes of the uk version of the market abuse regulation (eu no. 596/2014) as it forms part of united kingdom domestic law by virtue of the european union (withdrawal) act 2018 ('uk mar'). upon the publication of this announcement, this inside information is now considered to be in the public domain.   for further information please visit www.med.energy or contact:   pieter krügel info@med.energy mast energy developments plc ceo guy wheatley, cfa +44 (0)74 9398 9014 fortified securities corporate broker     this information is provided by rns, the news service of the london stock exchange. rns is approved by the financial conduct authority to act as a primary information provider in the united kingdom. terms and conditions relating to the use and distribution of this information may apply. for further information, please contact rns@lseg.com or visit www.rns.com.  rns may use your ip address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. for further information about how rns and the london stock exchange use the personal data you provide us, please see our privacy policy.   end   cntltmftmtatbaa return to news summary

Label: Gestiegen