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ACF Equity Research is an independent research house specialising in the highest specification independent equity research for corporate clients.

We deliver premium independent corporate sponsored equity research characterised by its accuracy, clarity and foresight based upon a fundamental valuation approach.

Our independent research is designed to educate our professional investor readers about your company, with an emphasis on clear and accurate explanations. Our mission is to improve company’s liquidity through credible equity research services, excellent international distribution and reliable access for investment managers.

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Equity Bottom-Up

Mast Energy Developments / Equity Bottom-Up

Mast Energy Developments PLC operates as an energy holding company. The Company acquires and develops a portfolio of flexible, small scale, and multiple reserve power generation plants producing clean power through natural gas. Mast Energy Developments serves clients in the United Kingdom.

<ul><li>Quantum Data Energy (QDE, MAST.L) has been ‘set free’ to execute its operational plan by the warrants raise mechanism, raising net cash equating to >3x MCAP at the time and fixing the balance sheet.</li><li>The warrants structures are positive for both new shareholders and historical shareholders.</li><li>MAST.L is targeting 1GW of new flexible generation by 2030.</li></ul>

Quantum Data Energy (QDE, MAST.L) has been ‘set free’ to execute its operational plan by the warrants raise mechanism, raising net cash equating to >3x MCAP at the time and fixing the balance sheet.The warrants structures are positive for both new shareholders and historical shareholders.MAST.L is targeting 1GW of new flexible generation by 2030.

QDE MAST.L Update Escaping A Capital Constraint 16122025

<ul><li>Quantum Data Energy (QDE, MAST.L) delivers flexible power solutions to the UK grid and AI datacentres worldwide.</li><li>MAST.L is targeting 1GW of new generation by 2030.</li><li>Our current value range GBp 51-54 is based only on 150MW and our expected dilution of 223m shares.</li></ul>

Quantum Data Energy (QDE, MAST.L) delivers flexible power solutions to the UK grid and AI datacentres worldwide.MAST.L is targeting 1GW of new generation by 2030.Our current value range GBp 51-54 is based only on 150MW and our expected dilution of 223m shares.

Quantum Data Energy (MAST.L)  Record Revenues 10122025

Quantum Data Energy (MAST.L) Rapid Progress 25112025

<ul><li>Quantum Data Energy (MAST.L) delivers flexible, modular power solutions to the UK grid and AI datacentres worldwide.</li><li>QDE is targeting 1GW of new generation by 2030.</li><li>Our current value range is based only on 150MW and on our expected dilution of 223m shares.</li></ul>

Quantum Data Energy (MAST.L) delivers flexible, modular power solutions to the UK grid and AI datacentres worldwide.QDE is targeting 1GW of new generation by 2030.Our current value range is based only on 150MW and on our expected dilution of 223m shares.

Quantum Data Energy (MAST.L) Accretive Cash Warrants FINAL 18112025

<ul><li>Mast Energy Developments plc (MAST.L, ESCC Transition) is a flexible power generation plant owner, developer and operator targeting >300 MW of new, grid critical, generation for the UK flexible power market by 2030.</li><li>Our current value range is based only on the first 150 MW.</li><li>Since our initiation MAST recently bought exclusive rights to five sub‑5 MW flexible‑generation sites from Green Light Energy (GLE).</li></ul>

Mast Energy Developments plc (MAST.L, ESCC Transition) is a flexible power generation plant owner, developer and operator targeting >300 MW of new, grid critical, generation for the UK flexible power market by 2030.Our current value range is based only on the first 150 MW.Since our initiation MAST recently bought exclusive rights to five sub‑5 MW flexible‑generation sites from Green Light Energy (GLE).

MED MAST.L Update Megawatt Momentum 3172025

ACF Equity Research is an independent research house specialising in the highest specification independent equity research for corporate clients.

We deliver premium independent corporate sponsored equity research characterised by its accuracy, clarity and foresight based upon a fundamental valuation approach.

Our independent research is designed to educate readers, with an emphasis on clear and accurate explanations. Our mission is to improve company’s liquidity through credible equity research services, excellent international distribution and reliable access for investment managers.

We believe in the importance and value of clarity, the careful articulation of technical ideas, concepts and solutions.

ACF Equity Research
Research from ACF Equity Research
• ACF Equity Research

QDE MAST.L Update Escaping A Capital Constraint 16122025

Quantum Data Energy (QDE, MAST.L) has been ‘set free’ to execute its operational plan by the warrants raise mechanism, raising net cash equating...

ACF Equity Research

Quantum Data Energy (MAST.L) Record Revenues 10122025

Quantum Data Energy (QDE, MAST.L) delivers flexible power solutions to the UK grid and AI datacentres worldwide. MAST.L is targeting 1GW of new...

ACF Equity Research

Quantum Data Energy (MAST.L) Rapid Progress 25112025

Quantum Data Energy (QDE, MAST.L) delivers flexible power solutions to the UK grid and AI datacentres worldwide. MAST.L is targeting 1GW of new...

ACF Equity Research

Quantum Data Energy (MAST.L) Accretive Cash Warrants FINAL 18112025

Quantum Data Energy (MAST.L) delivers flexible, modular power solutions to the UK grid and AI datacentres worldwide. QDE is targeting 1GW of new...

ACF Equity Research

MED MAST.L Update Megawatt Momentum 3172025

Mast Energy Developments plc (MAST.L, ESCC Transition) is a flexible power generation plant owner, developer and operator targeting >300 MW of...

ACF Equity Research