Hire firm generates expansion with eight-figure deal

A West Yorkshire-based generator hire company is expanding across the UK after sealing and eight-figure deal.

Generator Power, headquartered in Normanton, is using a funding package from HSBC UK to increase its product range.

This investment will include the purchase of sustainable technologies such as hybrid generators and battery storage units.

Generator Power is anticipating the creation of jobs and forecasting a further increase in turnover over the next 12 months.

The increase in capacity will meet the rising demand from customers across multiple sectors, which include critical national infrastructure customers, hospitals, telecoms, utilities and retail.

Steve Cardwell, managing director of Generator Power, 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 UK over the coming months.”

Mark Watson, global relationship director at HSBC UK, added: “Generator Power is a leader in its sector for good reason and has been a trusted partner for multiple UK 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.”
The deal was advised by Mazars Accountants.