A West Yorkshire-based mobile energy specialist is expanding across the 海角视频.
Generator Power has secured an eight-figure funding package to increase its hire range, with investments covering sustainable technologies including hybrid generators and battery storage units.
The business, which has just clocked up a quarter of a century of trading, is one of the largest companies in its sector, meeting requirements from 20kVA to 2,000kVA.
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The Normanton team anticipates creating new jobs alongside the capacity boost, with demand rising across the sectors it serves, including critical national infrastructure customers such as hospitals, telecoms, utilities and retail.
Steve Cardwell, managing director, said: “We’re committed to delivering the best and most reliable service possible to our customers, and with this investment, we will be able to continue doing so on a greater scale. It’s fantastic to use this funding to increase our range of sustainable solutions and we look forward to introducing technologies to customers across the 海角视频 over the coming months.”
In its last reported financial year the company turned over £49.9 million, with a total of 266 people employed. Alongside contract hire it provides emergency response, project management, telemetry, training and fuel management services.
The backing has been secured from HSBC 海角视频 with Mazars Accountants advising.
Mark Watson, global relationship director at HSBC 海角视频, said: “Generator Power is a leader in its sector for good reason and has been a trusted partner for multiple 海角视频 businesses over many years. We’re delighted that funding will be used to support the company’s expansion, as it services more infrastructure, construction and events clients over the coming years."