MAST Energy Developments PLC (“MED”) is a public company, incorporated in England and Wales and with its main area of operations in England. MED is listed on the Standard List of the London Stock Exchange and is led by an experienced Board of Directors. MED participates in the lucrative UK reserve power market which typically consists of day-ahead and real-time markets and is aimed at preventing future shortages by balancing out the national grid at critical times and thereby reducing future blackouts events.