RE: Microsft and Nvidia JV with MAST Energy15 Oct 2025 09:30
Nvidia hailed £11 billion of total investment in the UK AI ecosystem2;
· The biggest single investment comes from Microsoft, which has announced a $30 billion (£22 billion) spending package in the UK - its largest ever outside the US1;
· It is part of a $42 billion (£31 billion) agreement, dubbed the "Tech Prosperity Deal", between the UK government and several US tech giants and institutional investment funds signed during President Donald Trump's recent unprecedented second state visit to the UK, which establishes a favourable policy climate and signals sustained governmental support; and
· Speaking to the BBC earlier this month, Nvidia CEO Jensen Huang said that in the UK he was hoping that more gas turbines could be used "off the grid so we don't burden people on the grid"3, which is firmly in line with MAST's business model.
What This Means for MAST:
· Validates business case: The scale of investments by Nvidia, Microsoft and others aligns with MAST's projections of rapidly increasing demand for AI datacentre power supply;
· Enhances partnership & customer opportunity: These large projects and investments by hyperscalers and infrastructure investors open doors for MAST to partner with or supply to major players in this space;
· Favourable policy & regulatory tailwinds: National and international momentum behind AI growth and infrastructure reduces execution risk and improves the regulatory environment; and
· Investor confidence: The alignment of MAST's strategy with high-profile investment and governmental initiatives offers greater visibility of growth opportunity.
Reaffirming MAST's Strategy:
· A pipeline to develop, acquire, construct and operate approximately 1 GW of AI datacentre power campuses in the UK over the next 36 months;
· Modular delivery in blocks of 25-50 MW enabling flexibility, scalability, and speed; and
· Phase 1 targeting ~100 MW of "shovel-ready" sites within 12 months; Phase 2 building out 300+ MW within 12-36 months.
Pieter Krügel, Chief Executive Officer of MAST Energy, said: "We are delighted with the execution and completion of the binding definitive JVA with Carbon Zero Markets, which shows again that MAST is able to attract quality business partners to unlock and expedite value creation, and bolsters our plans to deliver up to 1 GW of AI datacentre-power campuses. We welcome the ongoing and growing strong external signals, most recently from giants like Microsoft and Nvidia, and the policy momentum created by the recent UK-US tech deal. These are not merely headlines: they confirm what we at MAST have seen on the ground - that power supply for AI datacentres is moving from opportunity to imperative. With our 1 GW target over 36 months, modular deployment model, and unique capabilities in delivering reliable power in constrained locations, we believe MAST is exceptionally well positioned to play a central role in powering the UK's AI future. We look fo