Business
Advantage NRG secures £6.5m of contracted works
Hercules plc's subsidiary, Advantage NRG, has secured new works valued at approximately £6.5 million with Electricity North West and Scottish and Southern Electricity Networks, extending from January to December 2026. These contracts, which will require up to 52 skilled operatives at peak delivery, highlight the growing demand for linesmen as electricity network operators accelerate investment in infrastructure resilience and capacity, contributing to strong revenue visibility for Hercules in 2026 and beyond. Disclaimer*
About this update from Hercules Plc
[{"type":"text","content":"\n\nRNS\n2 February 2026\n \nHercules plc\n(\"Hercules\" or the \"Group\")\n \nAdvantage NRG secures £6.5m of contracted works\n \nHercules plc (AIM: HERC), a leading UK infrastructure and construction services group, is pleased to announce its specialist power and energy subsidiary, Advantage NRG, has secured works with a combined contract value of c.£6.5m across two major electricity networks. Advantage NRG supplies linesmen for the construction and maintenance of overhead electrical transmission lines.\n \nThe new works run from January to December 2026, and are part of existing framework contracts Advantage NRG has with Electricity North West and Scottish and Southern Electricity Networks. At peak delivery, the contracts will require up to 52 skilled operatives, demonstrating Advantage NRG's expanding operational scale and technical capability.\n \nThese works show there is growing demand for year-round delivery of linesman as electricity network operators accelerate investment in resilience and capacity.\n \nThe UK is embarking on a major upgrade of its electrical infrastructure to meet rising energy needs. National Grid proposals include £58 billion of investment focused on extending and modernising the country's transmission and distribution networks to deliver sustainable and reliable power across the UK.\n \nThe Board of Hercules expects further growth in the power and energy sector, and these contract awards underpin strong revenue visibility for Advantage NRG for the 2026 financial year and beyond.\n \nBrusk Korkmaz, CEO of Hercules plc, said: \"The award of these works so early in the year shows the increasing demand for flexible, high-quality delivery of specialist labour as electricity network operators respond to the increased investment across the UK power and energy sector.\n \n\"Advantage NRG is well positioned to capitalise on these opportunities. Power and energy is a key growth pillar for the Group, and having specialist, scalable capability ready to meet the growing need for skilled operatives, reinforces Hercules' position as a trusted partner to UK electricity network operators.\"\n \n \nFor further information and enquiries, please contact:\n \n\n\n\n\nHercules plc\nBrusk Korkmaz (CEO)\nPaul Wheatcroft (CFO)\n\n\n &n...