Hercules Plc (LON:HERC) has launched a dedicated Power & Energy Services division, creating a third core service line alongside Labour Supply Services and Construction Services.
Standalone structure and leadership
The new division will be run by its own management team and reported separately in Hercules’ financial results, giving investors greater visibility over performance and growth in the business. Marcus White has been appointed Managing Director of the division after almost ten years’ sector experience with Advantage NRG, the group acquired by Hercules in June 2025.
Hercules said Mr White has played a central role in expanding customer relationships, increasing operational capacity and winning new work since that acquisition. The company said the move is intended to give the power and energy arm the focus and accountability needed to build on that momentum.
Work secured and market backdrop
Advantage NRG has secured approximately £20.8 million of contracted works to date in FY2026, according to Hercules’ announcement on 16 July 2026. The company linked the new division to the scale of UK electricity system investment now under way as the country seeks to strengthen energy security and support clean-power and net-zero goals.
Hercules cited government estimates that delivering Clean Power 2030 could require about £40 billion of annual investment between 2025 and 2030, including roughly £30 billion a year for generation assets and £10 billion for electricity transmission infrastructure. It also pointed to National Grid’s planned investment of about £40 billion in its UK electricity transmission and distribution networks over the five years to March 2031.
Programme visibility across the sector
Other major network investment plans were highlighted in the announcement, including SSEN Transmission’s £29 billion programme to strengthen the electricity network across the north of Scotland and SP Energy Networks’ investment programme of up to £12 billion across central and southern Scotland through to 2031.
Chief executive Brusk Korkmaz said the launch marks an important milestone and reflects Hercules’ evolution into a power and infrastructure services group. He described power and energy as one of the company’s fastest-growing areas and said the new structure should support expansion in capabilities and customer relationships.
Mr White said the division has a talented team, established customer relationships and a growing delivery record. He said the priorities are to maintain service levels, invest in skills and capacity, broaden the offering and capture more of the opportunities in the UK power infrastructure market.
The creation of a separate division places Hercules’ power and energy activities on a more distinct footing within the group, while the appointment of a dedicated managing director suggests the company is moving to organise its resources around a market where project pipelines are increasingly defined by long-dated utility investment programmes.
