Mast Energy Developments (“MED”)

Mast Energy Developments (“MED”)2019-04-09T07:27:30+00:00

Project Description

Key Facts

  • Project Type | Development of flexible energy generation projects

  • Location | United Kingdom

  • Development Stage | Due Diligence and Acquisition on multiple “shovel ready” sites 

  • Kibo’s Interest | 60%

  • Next Steps |

    1. Completion of due diligence
    2. Completion of acquisition on first sites

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Project Details

MED is a private UK registered company targeting the development and operation of flexible power plants to service the Reserve Power generation market and balance out the national grid at critical times. Its business strategy is to acquire and develop a portfolio of small-scale power generation assets.  Various “shovel ready” sites have already been identified in the UK, capable of sustaining gas fired power generators and ancillary structures from 20MW upwards. Financial modelling indicates projected IRRs of 13-16% and NPVs of GBP16-19 million for the initial assets. 

AIM Share Price
(Ticker: KIBO)
0.41p Change +0.00p
at close on 14 Nov 2019

JSE Share Price
(Ticker: KBO)
12.00c Change +0.00c
at close on 13 Nov 2019

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