Business
Hindlip Enters Final Phase; Pyebridge CM Award
Quantum Data Energy PLC announced that its Hindlip 7.5 MW flexible generation power project is in its final construction phase, with a forecast spend of approximately £4.67 million against a £5 million capex budget, representing a saving of £330,000, though grid connection energisation is delayed to July 2026, pushing commercial operations to Q3 2026. Additionally, the company's Pyebridge 8.1 MW asset secured an additional Capacity Market contract for the 2029/2030 delivery year at a clearing price of £27.10/kW/pa, estimated to yield approximately £217,400 annually, bringing total contracted CM income to £1,924,108. The company also reported that 116,099,808 prepaid warrant shares were issued during the six-month period ending March 17, 2026, leaving 600,334 shares remaining under the block listing. Disclaimer*
About this update from Quantum Data Energy Plc
[{"type":"text","content":"\n\nQuantum Data Energy PLC\n(Incorporated in England and Wales)\n(Registration Number: 12886458)\nLEI :213800HFVHGJ9YGO9F71\nShare code on the LSE: QDE\nISIN: GB00BNG90H86\n \nDated: 18 March 2026\n \nQuantum Data Energy PLC\n(\"Quantum\", \"QDE\" or the \"Company\")\n \nHindlip 7.5 MW FlexGen Asset Construction Enters Final Phase\nand Pyebridge 8.1 MW FlexGen Asset Secures Additional CM Contract\n \nLondon, UK - Quantum Data Energy PLC (LSE: QDE) is pleased to announce, further to its previous RNS announcement dated 13 January 2026, that its Hindlip 7.5 MW flexible generation power project (\"Hindlip\"), which is fully funded in partnership with Powertree as previously announced, continues to make significant construction progress and has entered the final phase. The project's construction programme remains on schedule and below budget.\n \nFurther, QDE is pleased to announce that its 100% owned Pyebridge 8.1 MW operational flexible generation power asset has secured an additional Capacity Market (\"CM\") contract in the recent CM auction.\n \nKey highlights and details of the aforementioned matters are provided below.\n \nHindlip Key Highlights:\nQDE is pleased to confirm that the project has continued to advance on schedule since the previous January 2026 update, with major equipment deliveries now completed and the project transitioning into the final electrical installation and commissioning phase.\n \nThe project remains within its approved capex budget of £5 million, with a current forecast spend of approximately £4.67 million, representing a favourable saving of approximately £330,000.\n \nKey progress since the last announcement is as follows:\n· Rolls-Royce MTU gensets delivered and installed - All three gensets were delivered to site in early March 2026 and have been assembled and positioned on their bases, representing the most significant equipment milestone for the project;\n· Transformer on site - The project transformer has been delivered and installed;\n· Switchgear building complete - The switchgear building construction is fully complete and ready for switchgear delivery, expected by end of March 2026;\n· Cabling works substantially complete - The majority of HV and LV cabling installation has ...