Close
Company Search
Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

Quantum Data (MAST) Share News

12345

IN BRIEF: Mast Energy shares rally as new generator set earns revenue

7th Aug 2024 13:48

Mast Energy Developments PLC - developer of reserve power generation plants - Says its first refurbished generator set, or genset, achieves GBP56,689 in revenue in first month of its operation at its Pyebridge flexible power plant in Derbyshire, England. The refurbished genset started commercial operation on July 1. Mast says it has carefully monitored the refurbished genset to ensure optimal performance. Read More

Kibo Energy suspended from London's AIM; Mast Energy eyes acquisition

1st Jul 2024 11:51

(Alliance News) - Kibo Energy PLC said on Monday London's AIM temporarily has suspended trading in its shares on Monday for failing to publish accounts & admission of the placing shares by Sunday. Read More

IN BRIEF: Mast Energy says Pyebridge plant overhaul progressing well

13th Jun 2024 08:21

Mast Energy Developments PLC - developer of reserve power generation plants - Expects the first generator set at its 9-megawatt Pyebridge flexible power plant in Derbyshire to start commercial operations and revenue generation around end of this month, in line with the expected timeline. The second phase work programme to refurbish this first genset is progressing well, Mast says. Back in April, it had said the phase two work would be performed in separate consecutive tranches and was expected to take around six to eight weeks per genset. Read More

UK shareholder meetings calendar - next 7 days

23rd May 2024 15:38

Read More

Kibo unit Mast Energy mulling options against joint venture partners

21st May 2024 08:45

(Alliance News) - Mast Energy Developments PLC said Tuesday it is considering various options after Proventure Holdings (UK) Ltd failed to "remedy" its "material breach" of the joint venture agreement. Read More

Mast Energy shares tumble after new share plan and loan deal

7th May 2024 09:20

Mast Energy Developments PLC said on Tuesday its Chief Executive Officer Pieter Krugel will partially settle GBP325,000 loan with RiverFort Global Opportunities PLC, the institutional lender, under a "reprofiling agreement". Read More

Mast Energy annual loss widens on Pyebridge plant setback, high costs

30th Apr 2024 10:53

(Alliance News) - Mast Energy Developments PLC on Tuesday reported that its annual loss worsened after its 9-megawatt Pyebridge flexible power generation plant ran into technical and market related challenges. Read More

IN BRIEF: Kibo unit Mast Energy passes satisfactory performance test

26th Apr 2024 08:30

Mast Energy Developments PLC - developer of reserve power generation plants - Receives official confirmation that its 9-megawatt Pyebridge flexible power plant has passed its "satisfactory performance days" requirements under its current existing T-1 capacity market contract. This means that Pyebridge will retain the current capacity market contract's associated annual gross profit margin income of GP308,000, which is paid and received monthly in arrears. Read More

IN BRIEF: Mast Energy finishes phase one work at Pyebridge plant in UK

11th Apr 2024 08:28

Mast Energy Developments PLC - developer of reserve power generation plants - Says phase one work programme at its 9-megawatt Pyebridge flexible power generation plant in Derbyshire, England is completed ahead of schedule. Plans to start second phase work programme shortly. Says the phase two will be performed in separate consecutive tranches and is expected to take around six to eight weeks per generator set. Notes the cost of the second phase will be funded under the new funding agreement it recently announced. Mast Energy signed an initial funding facility up to GBP4.0 million with RiverFort Global Opportunities PCC Ltd, earmarked for Pyebridge. Read More

IN BRIEF: Kibo unit Mast Energy inks new GBP4 million funding deal

28th Feb 2024 10:44

Mast Energy Developments PLC - London-based subsidiary of Kibo Energy PLC, a Galway, Ireland-based company with energy projects in Africa and the UK - Signs a funding agreement, with an initial funding facility up to GBP4.0 million, with RiverFort Global Opportunities PCC Ltd. RiverFort owns around 12% stake in in Kibo and Mast. Says initial funding will be used to lift its Pyebridge 9-megawatt flexible power generation asset out of care and maintenance. Says further funding of up to GBP4 million will be used to fund Pyebridge's overhaul work programme in order to achieve full generation. Read More

AIM WINNERS & LOSERS: CMO battles construction sector headwinds

8th Jan 2024 10:20

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Monday. Read More

Kibo and Mast Energy still await Proventure joint-venture payment

8th Jan 2024 07:48

(Alliance News) - Mast Energy Developments PLC on Monday said its partner Proventure Holdings (UK) Ltd still has not made a partial initial interim payment required under their joint venture agreement. Read More

Joint-venture partner Proventure misses Mast Energy payment again

2nd Jan 2024 07:38

(Alliance News) - Mast Energy Developments PLC on Tuesday said partner Proventure Holdings (UK) Ltd missed the latest deadline to make a partial initial interim payment required under their joint venture agreement. Read More

Kibo unit Mast Energy extends deadline for JV payment after assurances

22nd Dec 2023 09:08

(Alliance News) - Mast Energy Developments PLC on Friday said it gave partner Proventure Holdings (UK) Ltd more time to make the initial interim payment of GBP2 million required under their joint venture agreement. Read More

IN BRIEF: Mast Energy Developments shareholder provides loan

15th Dec 2023 21:39

Mast Energy Developments PLC - London-based subsidiary of Kibo Energy PLC, a Galway, Ireland-based company with energy projects in Africa and the UK - Announces that Paulus Fillippus Venter, a non-executive director and significant shareholder, has provided MED with a director loan amounting to GBP81,329. The proceeds of the loan will be used for MED's working capital requirements. In order to fund the loan, Venter has sold 14.0 million shares of his total holding of 17.7 million. No fixed term of repayment while interest shall accrue at 7% per annum. Read More

Mast Energy gets confirmation of GBP2 million initial JV payment

11th Dec 2023 08:14

(Alliance News) - Mast Energy Developments PLC on Monday said it has received "sufficient" verbal and written confirmation from joint venture partner Proventure Holdings (UK) Ltd, and other funders that the initial interim payment of GBP2 million will be paid between this coming Friday and Wednesday next week, subject to signature of definitive agreements. Read More

Mast Energy "very disappointed" as Proventure skips JV payments

1st Dec 2023 10:46

(Alliance News) - Mast Energy Developments PLC shares fell on Friday as it and Kibo Energy PLC said joint venture partner Proventure Holdings (UK) Ltd has failed to make payments needed to complete the deal. Read More

Mast Energy says Proventure delays GBP2.0 million initial payment

13th Nov 2023 12:14

(Alliance News) - Mast Energy Developments PLC said it had extended the date for Proventure Holdings (UK) Ltd to make initial payment of GBP2.0 million to between November 15 and November 30. Read More

IN BRIEF: Kibo Energy sells portion shares received from UK unit Mast

26th Oct 2023 09:08

Kibo Energy PLC - Galway, Ireland-based company with energy projects in Africa and UK - Sells a portion of shares it received from its subsidiary Mast Energy Developments PLC. Disposes of 20.3 million shares, netting GBP259,845. Says it will use the cash for its on-going working capital needs, and to reduce its bridge loan facility with RiverFort Global Opportunities PCC Ltd. The share sale comes after Mast Energy early this month issued 31.6 million new shares to Kibo to partially settle a loan. The share payment amounted to GBP469,000. Kibo now owns 48% of Mast Energy, down from 56%. Read More

Mast Energy signs definitive joint venture pact with Proventure

23rd Oct 2023 11:45

(Alliance News) - Mast Energy Developments PLC said on Monday it had signed a "replacement first definitive and binding joint venture agreement" with Proventure Holdings (UK) Ltd. Read More

12345
FTSE 100 Latest
Value9,870.68
Change-18.54