Quantum Data Energy PLC (LON: MAST) shares rose around 20% after the company provided an update on its expansion in the flexible power generation sector.
The group said it is advancing its third project, the 5MW Bordersley flexible generation site, toward financial close and construction. Capital expenditure is estimated at £3.5 million, with Quantum co-funding the build alongside Power Balancing Services. The project is expected to begin generating income by the fourth quarter of 2026, building on the performance of its Pyebridge asset, which delivers around £290,000 per megawatt per year in revenue.
Quantum also confirmed it has completed technical and legal due diligence for the acquisition of a 7MW brownfield flexible generation site. The deal is now awaiting final confirmation of grid connection, expected around the end of March 2026.
In addition, the company announced it will issue broker warrants equal to 6% of the gross value of acceleration capital funding arranged by Fortified Securities.
Pieter Krügel, CEO at Quantum Data Energy PLC, said: “We are delighted with the ongoing positive progress made to get our third flexgen asset constructed and into production. By applying capital discipline and efficiency, we limit QDE’s capital requirements and dilution of existing shareholders. We are also working on a number of additional near term growth opportunities, and we look forward to providing the market with further positive progress updates over the coming weeks and months.“
About Quantum Data Energy PLC:
Quantum Data Energy PLC (LSE: MAST) is a UK-based developer, operator and owner of flexible generation power assets. The Company delivers flexible, modular power solutions to the UK grid and AI datacentres worldwide, enabling scalable, reliable energy for next-generation digital infrastructure. The Company has deep expertise in infrastructure planning, grid access, gas access, and efficient power supply. Its new AI power supply strategy is intended to position Quantum as a leading AI infrastructure platform on the London Stock Exchange.
