REG - Quantum Data Energy - Revenue Surge; Iran Conflict No Impact

Quantum Data EnergyAnnouncement

31/03/2026 07:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20260331:nRSe6818Ya&default-theme=true

RNS Number : 6818Y  Quantum Data Energy PLC  31 March 2026

Quantum Data Energy PLC

(Incorporated in England and Wales)

(Registration Number: 12886458)

LEI :213800HFVHGJ9YGO9F71

Share code on the LSE: QDE

ISIN: GB00BNG90H86

 

Dated: 31 March 2026

 

Quantum Data Energy PLC

("Quantum", "QDE" or the "Company")

 

QDE Generates Strong Electricity Supply and Revenues in Q1 2026

and Update Regarding Iran Conflict Impact

 

London, UK - Quantum Data Energy PLC (LSE: QDE) is pleased to announce,
further to its RNS announcement dated 3 February 2026, that its 100% owned
Pyebridge 8.1 MW flexible generation power asset ("Pyebridge") has achieved
strong electricity generation of c. 3.3 GWh in Q1 2026, a 61% increase on Q1
2025, reflecting continued strong demand for flexible generation power and
underscores QDE's core business model.

 

Further, the Q1 2026 results reflect that the ongoing Iran conflict did not
have a direct material impact on QDE's core business model.

 

The highlights and further details of the abovementioned matters are outlined
below.

 

Q1 2026 Electricity Generation and Revenues Key Highlights:

·    Pyebridge achieved strong electricity generation output and sales of
c. 3.3 Gigawatt/hours ("GWh") for Q1 2026 (January - March 2026),
representing an increase of 61% compared to Q1 2025;

·    Pyebridge generated and sold c. 12 GWh of electricity during the
12-month rolling period up to March 2026, representing an increase of c. 74%
compared to the same prior year 12-month rolling period;

·    This sustained high output underscores the asset's robust operational
performance and the strong demand for flexible generation capacity amid
intermittent renewable supply;

·    Pyebridge has achieved average total revenues of c. £285,000 per MW
in production per annum over the past rolling 12-month period ending March
2026;

·    During the 12-month rolling period ending March 2026, Pyebridge
achieved an average electricity sales price of £126/MWh, representing an
outperformance of 65% compared to the average wholesale market electricity
price over the same period; and

·    During the 12-month rolling period ending March 2026 Pyebridge
generated and sold electricity for an average of c. 12-hours per day, which is
around 50% higher than the typical average 8-hours daily demand base-case for
a flexgen asset, and further underscores the ongoing strong demand for flexgen
power, and QDE's core business model.

 

 

 

Update Regarding Iran Conflict Impact

The QDE Board wishes to assure shareholders that the Company's exposure to the
current Iran conflict is considered unlikely and immaterial. QDE's core
business model is well insulated from the impact of the conflict, as QDE's Q1
2026 trading results clearly show, for reasons including inter alia the United
Kingdom sources less than 1% of its gas supply from the conflicted region,
with approximately 70% imported from Norway and the remainder from domestic
North Sea production, meaning no direct supply disruption risk to the
Company's fuel supply is anticipated. Whilst elevated international gas prices
have temporarily compressed spark spreads (the variance between electricity
prices and gas prices), electricity forward prices are already repricing
upward in line with higher gas costs - consistent with the experience of 2022
during the outbreak of the Ukraine war, when a comparable dynamic preceded the
strongest trading year on record for gas-fired flexible generation. The Board
is confident that the Company remains well-positioned to benefit as the market
reprices, and that its underlying business model is robust.

 

Pieter Krügel, CEO at Quantum Data Energy PLC, said: "We are delighted with
the ongoing strong performance of our Pyebridge flexgen asset, which
underscores the ongoing strong demand for flexgen power and QDE's core
business model. Further, it is clear that the current Iran conflict does not
have a material impact on QDE's business model, which is well insulated and
robust. We are actively working on growing our portfolio of flexgen assets to
reach our initial target of 300 MW and beyond, and we look forward to updating
the market with progress in this regard in due course."

 

Stay up to date with QDE's latest news and updates by joining our emailing
list and social media channels, as follows:

 Website               https://quantumdata.energy (https://quantumdata.energy)
 General enquires      https://quantumdata.energy/contact (https://quantumdata.energy/contact)
 RNS email alerts      https://quantumdata.energy/news (https://quantumdata.energy/news)
 LinkedIn              https://www.linkedin.com/company/quantum-data-energy-plc/
                       (https://www.linkedin.com/company/quantum-data-energy-plc/)
 X (formerly Twitter)  https://x.com/QDEplc (https://x.com/QDEplc)
 YouTube channel       https://www.youtube.com/@quantumdata.energy
                       (https://www.youtube.com/@quantumdata.energy)

 

About Quantum Data Energy PLC:

Quantum Data Energy PLC (LSE: QDE) 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 QDE as a leading AI infrastructure platform on
the London Stock Exchange.

 

ENDS

 

This announcement contains inside information for the purposes of the UK
version of the Market Abuse Regulation (EU No. 596/2014) as it forms part of
United Kingdom domestic law by virtue of the European Union (Withdrawal) Act
2018 ('UK MAR'). Upon the publication of this announcement, this inside
information is now considered to be in the public domain.

 

 Pieter Krügel      contact@quantumdata.energy (mailto:contact@quantumdata.energy)  Quantum Data Energy PLC  CEO
 Guy Wheatley, CFA  +44 (0)203 4117773                                              Fortified Securities     Corporate Broker

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  MSCFZGFFDGNGVZM



            Copyright 2019 Regulatory News Service, all rights reserved