REG - Hercules PLC - Advantage NRG secures £6.5m of contracted works

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RNS Number : 1109R  Hercules PLC  02 February 2026

RNS

2 February 2026

 

Hercules plc

("Hercules" or the "Group")

 

Advantage NRG secures £6.5m of contracted works

 

Hercules 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.

 

The 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.

 

These works show there is growing demand for year-round delivery of linesman
as electricity network operators accelerate investment in resilience and
capacity.

 

The 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.

 

The 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.

 

Brusk 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.

 

"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."

 

 

For further information and enquiries, please contact:

 

 Hercules plc                                                       c/o SEC Newgate

 Brusk Korkmaz (CEO)

 Paul Wheatcroft (CFO)

 SP Angel Corporate Finance LLP                                +44 (0) 20 3470 0470

 (Nominated Adviser and Broker)

 Matthew Johnson / Adam Cowl (Corporate Finance)

 Grant Barker / Rob Rees (Sales and Broking)

 SEC Newgate (Financial Communications)                       +44 (0) 20 3757 6882

 Robin Tozer / Ian Silvera / Nina Renata Pop       Hercules@secnewgate.co.uk

 

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