That is not a product that I'm familiar with, but if you like the way it behaves in your table runners, it might work for a quilt, however, it's not intended for quilting.
A google search came up with this info about the Pellon product: "Description: Pellon Fleece is great for all kinds of crafts and home decor. Thermolam Plus Polyester 45"x 20yd White- Heavily needled 100% polyester sew in fleece. Good for home decorations, craft projects and interlining coats"
What you have may be thinner that the "Plus" version, and might work.