REG - Hercules PLC - Advantage NRG secures £6.7m of contracted works

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RNS Number : 8114U  Hercules PLC  02 March 2026

2 March 2026

 

Hercules plc

("Hercules" or the "Group")

 

Advantage NRG secures additional £6.7m 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 new works with a combined contract
value of c.£6.7m across the National Grid network in England. Advantage NRG
specialises in the supply of linesmen for the construction and maintenance of
overhead electrical transmission lines.

 

The new works run from March to October 2026. At peak delivery, the contracts
will require up to 79 skilled operatives, demonstrating Advantage NRG's
expanding operational scale and technical capability.

 

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

 

This is in addition to the Group's update in February, when Hercules announced
£6.5m worth of contracts for Advantage NRG, from January to December 2026.

 

Hercules believes Advantage NRG is well-placed to benefit from the UK's 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.

 

 

Brusk Korkmaz, CEO of Hercules, said: "Advantage NRG is going from strength to
strength thanks to the increasing demand for its specialist teams from
electricity network operators across the UK. The power and energy sector is a
key growth driver for Hercules and these new contract wins highlight the
Group's position as a trusted partner to the 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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