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Mast Energy Developments PLC ( (GB:MAST) ) has provided an update.
Quantum Data Energy PLC has made significant progress in securing growth funding for its flexible generation power projects and acquisitions of operational flexgen assets. By partnering with Sustainable Investing Solutions, the company plans to achieve its target of a 300+ MW portfolio, leveraging the expertise of industry specialists. This funding strategy, structured at the SPV project level, is non-dilutive to shareholders and positions Quantum Data Energy for rapid scalability and income generation. The collaboration aims to reach financial close with investors by Q1 2026, enhancing the company’s market positioning in the sustainable energy sector.
More about Mast Energy Developments PLC
Quantum Data Energy PLC operates in the sustainable energy sector, focusing on flexible generation power projects. The company aims to build a portfolio of over 300 MW of flexgen assets, targeting small-scale assets near high population centers, which are ETS carbon exempt and qualify for additional ancillary services income.
Average Trading Volume: 6,972,836
Technical Sentiment Signal: Sell
Current Market Cap: £2.22M
For a thorough assessment of MAST stock, go to TipRanks’ Stock Analysis page.