AI DATA CENTRE MULTIPLE LOCATIONS EXPANSION21 Oct 2025 07:33
Just excellent update strong and advanced
New Strategy and Key Benefits:
As announced on 22 July 2025, MAST has embarked on a strategic expansion plan in partnership with Green Light Energy, focused on in-house development of a pipeline of flexible generation power projects, which was historically acquired from third-party developers at a significant premium. Through the acquisition of exclusive rights to an initial 25 MW portfolio of five flexible generation development projects, MAST has positioned itself as an early mover under the new grid connection framework recently introduced by Ofgem.
MAST's new strategy delivers several strategic advantages:
· Rapid portfolio expansion: doubling MAST's total operational and development capacity from c. 23 MW to c. 48 MW, with a targeted build-out of c. 100 MW in the short term under this specific development strategy;
· AI Datacentre co-location: picking locations that also contain key elements for AI datacentres, and attracting the co-location of AI datacentres to our power projects, or co-locating next to existing datacentre developments;
· Low-cost site development model: early-stage acquisition of greenfield projects and further development in-house significantly reduces development premiums historically paid to third-party developers;
· Technology optionality: each site can be developed as a low-carbon gas turbine generator, battery energy storage system (BESS), solar, EV charging, or hybrid solution, maximising commercial flexibility; and
· Secured network access: all sites have confirmed grid connection access despite the wider moratorium on new grid connections.
Progress Update:
MAST has achieved several critical milestones, advancing the 25 MW portfolio towards construction-ready status:
· Planning consent pre-applications completed for the MI and RN sites;
· Property-rights heads of terms in advanced stage of negotiation and execution expected shortly;
· Gas capacity assessment completed by Distributed Energy Connections, confirming sufficient capacity and availability across all sites; and
· Grid connections confirmed as available for each site, at MAST's preferred more profitable 11kV voltage levels.
The ongoing progress de-risks the overall development pathway and demonstrates MAST's capability to advance multiple projects simultaneously in a constrained infrastructure environment.
With key initial milestones achieved, MAST's focus now shifts to completing the remaining pre-construction development activities required to progress the portfolio.