SS Kodex 200 Equalweight ETF (252650)

Overview

MAST Energy Developments PLC is a London-based company, incorporated in 2020, focusing on developing and managing power generation projects throughout the United Kingdom. Specializing in reserve power (RP) plants, the company operates with the primary objective of meeting the UK's growing demand for energy, particularly during peak times or in emergency situations. As a subsidiary of Kibo Mining Cyprus Limited, MAST Energy Developments leverages its parent company's resources and expertise in the mining and energy sectors to enhance its operational capabilities and market reach. Through its strategic project locations and emphasis on gas-powered generation, MAST Energy is positioned to contribute significantly to the stability and sustainability of the UK's power supply.

Products and Services

• Pyebridge Project

This 9 MW reserve power plant is located in Derbyshire. It is one of MAST Energy’s major projects, designed to provide quick-response energy solutions during peak demand times or when the national grid faces shortages. By leveraging gas-powered generation technology, the Pyebridge project exemplifies the company's commitment to flexible and efficient energy production.

• Bordesley Project

A 5 MW gas-powered RP site, the Bordesley Project stands as a critical component of MAST Energy’s portfolio. Situated strategically to support the national grid, this project utilizes advanced gas engines to produce energy, highlighting the company’s push towards using more sustainable fuel sources in its operations.

• Rochdale Project

With a 4.4 MW capacity, the Rochdale Project is a gas-powered RP site located in the West Midlands. This facility is designed to provide standby power, ensuring reliability and continuity of energy supply to the grid during times of unexpected demand surges or failures in the main supply.

• Hindlip Project

This 7.5 MW capacity gas-powered standby generation facility is located in Worcester. The Hindlip project plays a vital role in MAST Energy’s strategy to bolster the UK's energy resilience. It further showcases the company's investment in technologies and locations that contribute to a more secure and responsive energy environment.

• Stather Project

Located in Scunthorpe, Lincolnshire, the Stather is a 2.4 MW capacity gas-powered RP plant. It exemplifies MAST Energy’s approach to developing smaller scale projects that collectively enhance the overall flexibility and responsiveness of the energy supply system in the UK.