Quantum Data Energy (QDE) has reported that construction of its Hindlip 7.5 megawatt flexible generation project has entered its final phase, while its Pyebridge asset has secured a new Capacity Market contract.
The Hindlip project, which is fully funded in partnership with Powertree, remains on schedule and below its £5 million budget, with forecast spend of about £4.67 million. Meanwhile, major equipment including Rolls-Royce MTU gensets and the site transformer has been delivered and installed, marking a key milestone as the project moves into final electrical installation and commissioning.
In addition, cabling works are largely complete, the switchgear building is ready for equipment delivery, and grid connection works are progressing. However, external delays linked to National Grid Electricity Distribution (NGED) switchgear lead times and council approvals have shifted energisation to July 2026, moving commercial operations into the third quarter of 2026.
Quantum Data Energy’s CEO Pieter Krügel said: “The Hindlip project has reached a significant milestone with the successful delivery and installation of all three Rolls-Royce MTU gensets on site. With the transformer also in place, the switchgear building complete, and the majority of cabling works finished, the project’s construction has now entered its final phase. Our construction programme remains on schedule and within budget. While extended external grid connection lead times from NGED and Council approvals have moved the commissioning timeline into Q3 2026, these delays are outside of the project's construction scope, which continues to progress as planned. Hindlip will be QDE's second operational flexible generation asset and represents another important step in building our portfolio of UK FlexGen power projects to 300 MW and beyond.”
Meanwhile, the company’s wholly owned Pyebridge 8.1 megawatt asset has secured a one-year Capacity Market T-4 contract for the 2029 to 2030 delivery year at a clearing price of £27.10 per kilowatt per year. The contract is expected to generate about £217,400 in that year, taking total contracted Capacity Market income across all agreements to £1,924,108.
The company said it deliberately opted for a one-year contract rather than a longer-term 15-year agreement, citing unusually low auction clearing prices caused by a temporary oversupply of thermal capacity. It expects future auctions to clear at higher levels as market conditions normalise.
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Hindlip’s steady progress reinforces Quantum’s execution capability, particularly with the project still on budget despite wider industry cost pressures. Although grid-related delays are pushing revenues slightly further out, these are external and do not reflect operational weakness.
Meanwhile, Pyebridge’s contract strategy looks disciplined. By avoiding locking in lower long-term pricing, Quantum is positioning itself to benefit from a potentially stronger Capacity Market in future auctions, which could enhance long-term returns.