Grid Investment Boom Helps NG Bailey Deliver Record Revenue and Expand Workforce

Surging demand for electricity infrastructure is reshaping the fortunes of one of Britain's largest engineering specialists, with NG Bailey posting record revenues and strengthening its position across several key infrastructure markets.

The employee-owned business generated more than £700 million in revenue during its latest financial year, supported by growing investment in power networks, major infrastructure upgrades and the UK's transition towards a more electrified economy.

Financial results for the year ending February 2026 show revenue climbing to £707 million, while pre-tax profits rose sharply to £26 million, highlighting the benefits of a more focused operational strategy and increased activity across the energy sector.

The company's strongest performance came from its infrastructure division, which has been benefiting from unprecedented levels of investment in the electricity network. Distribution operators are spending heavily to modernise ageing assets and connect new developments, while demand for grid capacity from sectors such as data centres continues to accelerate.

This growth has helped push NG Bailey's secured workload to a record £1.7 billion, providing visibility across future projects and underpinning confidence in the company's long-term outlook.

To support expanding workloads, NG Bailey increased its workforce to almost 3,650 employees and continued investing in skills development through a new intake of apprentices. However, company leaders acknowledge that attracting experienced engineers and technical specialists remains one of the biggest challenges facing the sector.

The business has responded by reviewing employee rewards and benefits as competition for skilled labour intensifies across the infrastructure and construction industries.

Alongside organic growth, NG Bailey has also expanded its presence in the utilities market through acquisition. Earlier this year the company purchased Engineering Solutions Group and ECS Engineering Services, a move that strengthens its position in the regulated water sector ahead of a major wave of investment expected during the AMP8 programme.

Internally, the company has spent the past year reshaping its operations under its long-term Journey to 2030 strategy. The reorganisation has created five dedicated business units focused on engineering, infrastructure, facilities management, low-carbon technologies and digital services.

Management says the changes have improved efficiency, strengthened project selection processes and allowed the business to focus on sectors where it sees the strongest growth opportunities.

Chief Executive Jonathan Stockton said the company's performance reflects both strong market demand and continued investment in technology and innovation.

He noted that a broad customer base, substantial order book and long-standing client relationships have positioned the business well despite ongoing economic uncertainty.

With energy security, grid expansion, decarbonisation and infrastructure resilience now high on the national agenda, NG Bailey appears set to remain a major beneficiary of the UK's infrastructure investment pipeline over the coming years.