Hercules' Advantage NRG secures £6.7m contracts with National Grid for transmission line services

Hercules' subsidiary, Advantage NRG, has secured new contracts valued at approximately £6.7 million with National Grid. This supply agreement involves Advantage NRG providing linesmen for the crucial construction and maintenance of overhead electrical transmission lines across National Grid's network in England. The deal, announced on March 2, 2026, underscores Advantage NRG's role in supporting essential grid infrastructure and represents a significant revenue stream for the company. This contract is notable for several reasons. Firstly, it solidifies Advantage NRG's position as a key service provider to a major utility like National Grid, which is responsible for a substantial portion of the UK's electricity transmission. For Hercules plc, this deal with a prominent offtaker like National Grid demonstrates its subsidiary's capability and market penetration in critical infrastructure services. The consistent need for maintenance and upgrades to the transmission network ensures a steady demand for specialized services like those provided by Advantage NRG, making this a strategically important win for the supplier.