
S9 Ep6: Midweek Takeaway featuring Pieter Krugel, CEO of Mast Energy Developments (LSE:MAST) #MAST
In this episode of Midweek Takeaway, we sit down with Pieter Krügel, CEO of Mast Energy Developments (AIM: MED), to dive into the company's latest announcement of a 16% revenue boost for July 2024 from their Pyebridge 8.1MW flexible power generation site. Pieter breaks down how the site has generated approximately £66,000 in revenue after receiving Imbedded Benefits, with August preliminary figures showing £46,000 in revenue, even before those benefits are added. We explore Pyebridge's impressive market outperformance, with a 75% increase in electricity sales prices and a gross profit margin…
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