Quantum Data Energy (QDE) has begun construction of its Bordesley 5 megawatt flexible generation project, with works progressing on schedule and within budget.
The company said the asset, which reached financial close in March 2026, is fully funded in partnership with Power Balancing Services, with 65% held by PBS and 35% by QDE alongside external commercial bank debt. Commercial operations remain targeted for the fourth quarter of 2026.
Bordesley marks QDE’s third flexible generation asset to enter construction. The project has an approved capital expenditure budget of £3.6 million, which remains unchanged.
In terms of progress, key contracts covering civils, electrical systems, gas infrastructure and gensets were all placed in March 2026. Two Caterpillar G3520K gensets have been ordered on a 20-week lead time, with delivery expected in early August 2026. In addition, transformer and high-voltage switchgear orders have been secured on similar timelines.
Off-site gas infrastructure works are already underway, with completion expected in early June 2026. The grid connection process has also been initiated with the Distribution Network Operator, with energisation targeted for August 2026.
Planning and site readiness are advancing. Pre-commencement planning conditions are partly discharged, while the Construction Phase Plan is in place ahead of site mobilisation, which is scheduled for May 2026.
Looking ahead, civil works will run through to July, followed by equipment installation, commissioning in September and October, and entry into commercial operations in the fourth quarter of 2026.
Quantum Data Energy’s Chief Executive Officer Pieter Krügel said: “We are delighted to confirm that construction of our Bordesley 5 MW FlexGen project has commenced at pace and is progressing on schedule and on budget. With the civils, electrical, genset and gas packages all placed during March 2026, the project is now firmly into delivery mode. Our partnership with Power Balancing Services Ltd validates QDE’s capital-light scaling model, allowing us to retain meaningful equity exposure to a high-quality, cash-generative asset while limiting dilution for our shareholders. Bordesley will be QDE’s third operational flexible generation asset and represents another important step toward our 300 MW target and beyond. The £1 million placing recently completed enables to progress other “shovel-ready” sites with the capital providing the potential for necessary capital contributions alongside project level debt financing discussions which are currently underway which we hope to be able to announce to the market in the coming weeks.”
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This update signals steady execution from QDE, with Bordesley advancing cleanly from financial close into construction. Meanwhile, the funding structure highlights the company’s capital-light approach, which could support further project roll-out without significant shareholder dilution.