About us Accelerating change, shaping futures
As the UK significantly increases its demand for energy, utilities and digital infrastructure, OCU Group has rapidly evolved its capabilities in response, forming the future landscape of how critical services are more efficiently and safely delivered. Positively shaping the future of clients, their customers, our employees, and investors is a hallmark of the past year at OCU Group. This year’s annual report brings an insight into the developments in OCU during the year. Our markets OCU Group serves the UK’s regulated and non-regulated infrastructure markets, providing services across renewable energy, digital infrastructure, regulated water and regulated power. In the non-regulated energy transition market, the Group has been commissioned to deliver renewable energy programs, alongside engagement on numerous energy connection projects, creating a balanced and resilient revenue profile. The growing number of water infrastructure schemes highlights the benefits of recent government investment programs and rising demand. At the same time, steady progress in regulated power frameworks underscores the deepening expertise of OCU’s utilities engineering teams. Over the past year, OCU’s telecommunications work has evolved to encompass a broader range of works, reflecting industry dynamics in fast-speed broadband deployment (known as ‘fibre to the premises’ or ‘FTTP’) and rapid data centre growth. Accordingly, in light of the new services offered, we have renamed this business unit Digital Infrastructure. This transition in activities is reflected in the revenue mix generated by the business. Whereas historically virtually all of the revenue was from FTTP work, this has now evolved to also cover areas such as network maintenance, small cell deployment, multi-dwelling unit connectivity, and data centre pre-enablement. After the year end, through the acquisition of a majority shareholding, we have added All Energy Contracting (AEC) to the Group, a multidisciplinary contracting business specialising in renewables and energy infrastructure services. Through AEC, OCU now has a well-positioned operational foothold in both Australia and New Zealand, expanding our geographic footprint and our capacity to deliver renewable energy projects internationally. This clearly demonstrates our strategic commitment to addressing the global energy transition, enabling us to meet the growing demands of our clients for cross-border capabilities. Our people With around 5,000 people working across the UK each day, OCU is shaping the futures of UK communities. Bringing essential services to our clients’ customers is OCU’s ‘why’; be that renewal, repair, or new provision, the outcomes are always a positive step towards a more sustainable future. Our commitment to enabling growth does not stop in the communities that we serve; it is echoed in the commitment to our own people. This year, we actively invested in employment opportunities, personal development, and support during tough times. Our team’s diverse skills and unique capabilities enable us to meet the rapidly evolving requirements of our clients and their customers. This approach not only meets demands but also positively shapes the communities where we live and work. By continually adapting and evolving we ensure a sustainable and prosperous future for all our stakeholders.
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