Quantum Data Energy (MAST ) has published a year-end review highlighting progress made during 2025, including a £5 million equity fundraise and record generation at its Pyebridge flexible generation power asset.
Quantum highlighted operational momentum at its 100% owned 8.1 megawatt Pyebridge flexible generation power asset, which it said delivered record electricity generation and sales revenue during the first eleven months of 2025.
In addition, the company pointed to progress on its Hindlip 7.5 megawatt flexible generation power project, a joint venture with Powertree. Quantum said a £5 million project investment agreement was completed at project SPV level, described as non-dilutive to PLC shareholders, with the project fully funded through construction into production and no further funding obligations from Quantum. Construction has commenced and is progressing, with completion and commercial production expected in the first quarter of 2026.
Furthermore, Quantum said it acquired exclusive rights to a 25 megawatt portfolio of flexible generation development projects at a significantly lower cost than market, and also noted an offer to purchase a 7 megawatt brownfield flexible generation site.
Going forward, the company said it has introduced a new AI datacentre power supply strategy and entered joint venture agreements with Carbon Zero Markets and Navon World.
“Looking back at 2025 it is clear that it was a remarkable year for the Company,” said Quantum’s Chief Executive Officer Pieter Krügel.
“We started the year with a market capitalisation of below £1m and coupled with already challenging capital market conditions in general, making it very difficult to raise funding. Since the start of the year to date we successfully recapitalized the Company to the tune of £5m gross proceeds, settled essentially all debts at PLC level, leaving a healthy cash balance to grow the business, and made significant business growth progress. The net result of all the progress and milestones we achieved during 2025 to date is reflected in the Company's market capitalisation and valuation which is now sitting around £7m representing enterprise value growth of c. 10x. We have big plans for 2026 and a lot of momentum behind us, so we are expecting to progress toward our first target of 300 MW at some pace. I would like to sincerely thank our loyal shareholders who have supported the Company this past year.”
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Quantum’s update puts a clear marker down on the scale of its turnaround in 2025, from balance sheet repair to a growing pipeline and a push into AI datacentre power supply. The key near-term test is delivery - with Hindlip targeted for production in the first quarter of 2026 - and whether the wider portfolio can be converted into funded, revenue-generating projects on similarly non-dilutive terms.