Liverpool city region-based gas-powered generator specialist Clarke Energy reports an almost 9% rise in annual revenues to more than £470m as its global footprint grows. Tony McDonough reports
Global gas-powered generator specialist Clarke Energy is reporting an almost 9% rise in annual revenues to £470.3m but a slight fall in pre-tax profits to £32.4m.
Founded by Jim Clarke in 1989, Knowsley-based Clarke Energy installs and maintains power generation plants and equipment at mines, hospitals and major commercial developments.
It can also engineer, install and service hybrid or microgrid energy projects using other technologies such as battery energy storage, diesel, and solar and the company is seeing growth across the world in these areas.
Clarke, which employs more than 1,300 people worldwide – including hundreds at its Merseyside headquarters – has just posted its annual accounts for the 12 months to December 31, 2024, on Companies House.
They reveal significant new equipment supply contracts in countries including the UK, Australia, US, and Romania have driven the increase in revenues.
Writing in the annual report, group finance director Sharon Wright said: “The group will continue to consolidate its strong position in existing markets such as the UK, France, Australia, India and Bangladesh and concentrate efforts on achieving growth in its new developing markets such as Tunisia, US, Romania, and Greece.
“The business environment remains positive and this has been driven by trends in distributed generation, dispatchable power generation or peaking, lower emissions and high efficiency power generation.”
Sharon was appointed group finance director in March 2025 in a wider shake-up of Clarke’s top team. She replaced Peter Holliday while Jamie Clarke stood down as chief executive and was replaced by Kyle Quinn who took the title of president.
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In 2017 the company was acquired by US-based multinational manufacturing giant Kohler Co, a specialist in the engineering, construction, installation and maintenance of engine-based power plants.
In May 2024 Kholer Co sold a majority stake in its energy division, which includes Clarke, to Platinum Equity, a £36bn global investment outfit for an undisclosed sum. A new entity called Kholer Energy was established as a separate independent business.
Clarke’s ultimate parent company is Discovery Energy Holding based in the Cayman Islands. The accounts also show Clarke paid out £30m in shareholder dividends in 2024.