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Bordesley Construction Commenced and on Schedule
Quantum Data Energy PLC has announced that construction of its Bordesley 5 MW flexible generation power project has commenced at pace and is progressing on schedule and on budget, with commercial operations targeted for Q4 2026. The project, fully funded through a partnership with Power Balancing Services Ltd and external debt, remains within its approved capital expenditure budget of £3.6 million. Key construction milestones, including the award of civils and electrical packages, ordering of Caterpillar gensets, and initiation of gas and grid connections, were all completed in March 2026, with site mobilisation scheduled for May 2026. Disclaimer*
About this update from Quantum Data Energy Plc
Quantum Data Energy PLC (Incorporated in England and Wales) (Registration Number: 12886458) LEI :213800HFVHGJ9YGO9F71 Share code on the LSE: QDE ISIN: GB00BNG90H86 Dated: 28 April 2026 Quantum Data Energy PLC ("Quantum", "QDE" or the "Company") Bordesley 5 MW FlexGen Asset Construction Commenced and Progressing on Schedule London, UK - Quantum Data Energy PLC (LSE: QDE) is pleased to announce, further to its previous RNS announcement dated 9 March 2026, that construction of its Bordesley 5 MW flexible generation power project ("Bordesley"), which is fully funded in partnership with Power Balancing Services Ltd ("PBS") as previously announced, has commenced at pace and is progressing on schedule and on budget. Bordesley is QDE's third flexible generation asset to enter construction, having reached financial close in March 2026 and now fully funded at SPV level by PBS (65%) and QDE (35%) with the balance via external commercial bank debt, and commercial operations targeted for Q4 2026. Key highlights and details of the project's construction progress to date are provided below. Bordesley Key Highlights: QDE is pleased to confirm that construction of the Bordesley project has commenced at pace following financial close in March 2026, with the civils, electrical, genset and gas packages all placed during March 2026 and off-site gas installation works underway. The project remains within its approved capex budget of £3.6 million. Key progress to date is as follows: · Civils contract awarded - Civils package issued in March 2026, covering site clearance, bases for gensets, transformer, control room, oil tanks, DNO and HV switchroom, perimeter and acoustic fencing, hard-standing and the new site entrance; · Caterpillar G3520K gensets ordered - Two G3520K gensets (with packaging, project delivery, off-loading, commissioning, 55dBA acoustic specification and 12 m exhaust upgrades) were ordered in March 2026, on a 20-week lead time with on-site delivery scheduled for early August 2026; · Electrical package contract issued - The project transformer and HV switchgear were ordered in March 2026, on a 20-week lead time with delivery scheduled for August 2026; · Off-site gas installation underway - The gas connection was initiated in Feb...
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