Inverness-based investment group GEG Capital has acquired UK high-voltage cable specialist Approved Power Services Ltd (APS).
The acquisition will enable APS to play a leading role in high-voltage commissioning for onshore and offshore wind farms, further expanding its reach in the renewable energy sector.
All staff members of the St Helens-based cable installation and jointing specialist will be retained and there are plans to double the workforce in the next 12 months.
The acquisition of APS will enhance GEG Capital’s energy infrastructure capability, covering planning and design, HV cable laying and jointing, substation and access infrastructure construction, and now high-voltage commissioning for wind energy projects.
This strategic addition opens new doors for APS, equipping it with the platform to take on larger-scale projects.
APS will now be positioned to bid directly for high-value framework contracts with major network provider clients.
APS owner Paul Oakes (pictured left) said: “We are delighted to join the GEG Capital portfolio. Not only will we immediately benefit from the opportunities created by collaborating closely with fellow group companies, but being part of a larger group will allow us to take APS to the next level.
“Our expanded benefit from the larger group structure will enable us to bid directly for major framework contracts with the network providers we already have excellent long-term relationships with.
“We look forward to working closely with the leadership team at GEG Capital and leveraging their established management, finance systems, and extensive experience in scaling businesses like ours.”
APS managing director Gerry Donnelly (pictured right) added: “The multi-disciplinary nature of our combined services will offer an immediate benefit to our client base.
“The group scale will allow us to enter new markets, take on larger contracts, and significantly expand our high-voltage commissioning services for onshore and offshore wind projects.
“Additionally, our recruitment drive will support this growth, creating new job opportunities across the UK.”
GEG Capital’s board director Rory Mackenzie said he was delighted to add APS to the GEG Capital portfolio.
“APS has built an outstanding reputation in the energy infrastructure and cabling sector,” he added. “By integrating its expertise into our portfolio, we significantly enhance our ability to deliver end-to-end solutions – from planning and design to HV cable installation, jointing, and now, high-voltage commissioning for renewable energy projects.”