An Inverness-based company has broken ground on a new 2000m² multimillion-pound HQ alongside a major rebrand of the business itself.
Global Energy Group, headed up by Ross County chairman Roy MacGregor, will now be known simply as ‘Global’.
Group companies – Global Port Services, Global Crane Services, Global Wind Projects, Global Infrastructure, and Global Power Services – will each undergo a brand refresh to bring them in line with the new Global identity.
GEG Capital, the investment arm of the group, will also operate under the new Global identity.
The rebrand, which comes ahead of the company’s 20th year, follows the recent high-profile sale of the Port of Nigg, which Mr MacGregor had been involved with for 14 years, and fabrication and scaffold/access businesses Global Energy (Fabrication) and Global Energy Services.
The capital raised from the deal will allow the the company to pursue its ambitious five-year vision to grow its turnover to £500 million.
The new state-of-the-art HQ, at Inverness Campus, will give Global the room to grow and deliver its ambition to become the leading energy and infrastructure services provider.
Mr MacGregor broke ground on the new headquarters yesterday. It will accommodate up to 50 staff after the company had “outgrown” its long-term Henderson Road HQ.
Mr MacGregor said: “The move to our new, purpose-built office will support the group’s ambitious growth strategy.
“I think the level of investment in our new HQ sends a strong message to the market that through enhanced collaboration, acquisition and maximising of synergies across our portfolio, we will continue to unlock new opportunities within the green energy and utilities sectors as well as exploring new markets.
“The investment in this fantastic new building comes after we have added eight companies to the Global portfolio in the last 18 months.
“The new HQ will give us space to expand as we make further acquisitions and grow organically.”
The design for the building has been created by award-winning lead architect David Lawrie, from Bracewell – another recent addition to the Global portfolio, which will also be based out the office.
Fellow group company, Capstone Construction, will be principal contractor on the project which is expected to be completed by autumn 2026.
The investment in a new headquarters brings the operational offices of companies within the group together under one roof for the first time.
The company’s ambition to grow its turnover will be driven by a hybrid investor/operating model which includes its major energy services portfolio together with investments that previously sat under GEG Capital.
Collectively Global employs in the region of 2000 people.
Mr MacGregor added: “We are really excited to share our new brand and vision which sets our course for the next five years.
“With a new, future focused brand – and a move toward a hybrid investor/operator model, with a people- and technology-led solutions provision, we are confident we will nearly double our turnover within three years.
“This will see us explore new markets and synergies between group companies, creating hundreds of new, long-term skilled employment opportunities across Scotland and beyond, as we establish Global as the UK’s leading energy and infrastructure partner.
“Following the recent high-profile sale of the Port of Nigg, the group is energised by the opportunity that lies ahead.
“There’s huge potential for growth within the energy and utilities sector and we have exciting new plans for the group to grow significantly – both organically and through acquisitions – as we explore new markets.”
