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H&MV Engineering

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uuid0006xr3

Namestring
H&MV Engineering
Legal namestring
H&MV Engineering Limited
Company typeenum
Private
Founded yearint
2008
Descriptiontext

H&MV Engineering is a specialist provider of high-voltage electrical engineering and construction services, operating across design, build, testing, and maintenance of transmission and distribution infrastructure at voltage levels from 138 kV to 345 kV. The company is organized around three core verticals — Data Centres, Renewable Energy (wind, solar, battery energy storage), and Utilities (substation construction, T&D systems) — and serves enterprise clients including Copenhagen Infrastructure Partners and ESB on flagship projects such as the Maynooth 220/110 kV GIS substation and the 500 MW Coalburn battery facility in Scotland, the largest battery farm in Europe.

The firm operates from a primary headquarters in Limerick, Ireland, with an 18-office international footprint spanning Ireland, the United Kingdom, Norway, Sweden, Denmark, the Netherlands, Germany, Italy, Spain, Portugal, Croatia, India, and a U.S. regional headquarters in Dallas, Texas. Operations are anchored by technical certifications including ISO 9001, ISO 14001, ISO 45001, ISO 50001, and LRQA NERS accreditation, combined with a proprietary H&MV Academy offering City & Guilds Assured high-voltage switching, refresher, and substation access courses delivered in a real substation training environment in Cashel, Ireland.

H&MV pursues a project-based, quote-driven professional services revenue model, selling directly to enterprise clients through a field sales motion. The company is privately held, with private equity firm Exponent as primary backer and LGT Capital Partners joining as a minority investor in September 2024 at a €750 million post-money valuation. Annualized revenues exceed $1 billion, having quadrupled since 2022, with recent inorganic moves including the acquisition of U.S. substation contractor Cooke Power Services (January 2026) and an investment in grid consultancy Blake Clough Consulting (December 2025) extending the service stack upstream into grid connection advisory.

Short descriptiontext

H&MV Engineering is a privately held Irish specialist contractor delivering high-voltage electrical engineering and construction services (138 kV to 345 kV) to enterprise clients across data centres, renewable energy, and utility sectors in Europe, North America, and India.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
1,001–5,000
akta.pro rankint
HeadquartersLimerick, Ireland
HQ citystring
Limerick
HQ countrystring
Ireland
HQ regionstring
Europe
Markets served

Serves global market

Offices18 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
high voltage engineering, substation construction, transmission distribution, power infrastructure, electrical engineering services
Industry4 codes
1Overhead Transmission Line EPC (HV/EHV)
CodeEUAEABAAPrimaryYes
2Medium-Voltage (MV) Distribution Substations & Switchgear
CodeEUADACABPrimaryNo
3Transmission & Substation O&M (HV Equipment Maintenance)
CodeEUAEAGADPrimaryNo
4Protection, Control & Relaying (MV) Installation & Testing
CodeEUAEACALPrimaryNo
NAICS code3 codes
  • Power and Communication Line and Related Structures Construction237130
  • Engineering Services54133
  • Electric Bulk Power Transmission and Control221121
SIC code2 codes
  • Services-Engineering Services8711
  • Electrical Work1731
Product category
High-Voltage Electrical Engineering Services
Social media profiles1 record
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model1 record
1High-Voltage Engineering Services
TypeProfessional Services
Description

Project-based revenue from high-voltage electrical engineering services including design, construction, testing, and maintenance of electrical infrastructure for data centres, renewable energy projects, and utility companies

bebeez.eu
Marketing channels3 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Operations, Supply Chain, Technology or R&D, Marketing or Sales
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

H&MV Engineering provides specialist high-voltage electrical engineering, construction, testing, and maintenance services for transmission and distribution systems and substations at voltages ranging from 138 kV to 345 kV. The company delivers projects for data centre, renewable energy, and utility clients across Europe, North America, and India. It also operates the H&MV Academy offering City & Guilds certified training programs for high-voltage operations and substation safety.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 2 values shown
  • Operates over 14 GW of high-voltage projects globally
+1 more record
Product overview1 text field

H&MV Engineering is a leading global provider of specialist high-voltage electrical engineering and construction services. The company operates three core service verticals: Data Centres, Renewable Energy, and Utilities sectors. Services span high-voltage transmission and distribution systems, substation construction, testing, and maintenance for projects ranging from 138 kV to 345 kV. The company also operates the H&MV Academy, offering City & Guilds Assured training programs including HV Switching and Operations (5-day), HV Refresher (3-day), and Substation Access & Awareness courses. The Academy provides practical training in a modified real high-voltage substation environment in Cashel, Ireland.

Product and service1 record
1Data Centre Sector Services
Scale indicator5 records

Each record includes

Type, Value, Description, Source

Partnership3 partners
Strategic tierMinorTypeStrategic or Co-development PartnerAnnounced on2025-12-08
Description

Global energy solutions provider Aggreko supplied high-voltage load bank and generator package to support commissioning of the 500 MW Battery Energy Storage System at Coalburn, Europe's largest battery farm. H&MV Engineering served as main contractor on this landmark project.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

City & Guilds provides certification for H&MV Engineering's training academy programmes including HV Switching and Operations (5-day), HV Refresher (3-day), and Substation Access & Awareness courses.

Strategic tierMinorTypeStrategic or Co-development Partner
Description

Atlantic Technological University Sligo partners with H&MV Engineering on Civil Structural Engineering apprenticeship programme, offering Level 7 Bachelor of Engineering in Civil Engineering by Apprenticeship.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

MasTec's Power Delivery segment constructs HV transmission lines, substations, and distribution infrastructure across the U.S. Closely comparable specialty contractor model for utility and renewable developers, particularly relevant to H&MV's U.S. growth ambitions.

TypeBroad incumbent
Description

ABB's Electrification business provides switchgear, substation automation, and grid solutions globally. While primarily an OEM, it competes with H&MV's substation EPC and services through system integrator and partner channels.

TypeDirect peer
Description

Burns & McDonnell is a U.S. employee-owned engineering, architecture, and construction firm with a strong T&D practice delivering substation, transmission, and renewable interconnection work. Comparable services, customers, and delivery model to H&MV, especially in U.S. utility markets.

TypeDirect peer
Description

MYR Group's T&D segment delivers HV substations, transmission lines, and distribution infrastructure across North America. Closely comparable specialist electrical construction services for utility and renewable clients, though with a heavier U.S. concentration than H&MV.

TypeBroad incumbent
Description

Hitachi Energy is a global leader in HV transmission and substation technologies, offering transformers, switchgear, and grid solutions. It competes with H&MV's HV substation EPC scope but at much larger scale and with OEM equipment ownership.

TypeDirect peer
Description

Morrison Energy Services is a UK-based HV electrical infrastructure contractor serving utilities, renewables, and rail. Comparable to H&MV in HV substation and grid-connection delivery across the UK and Ireland markets.

TypeBroad incumbent
Description

Siemens Energy provides HV grid technology, substation solutions, and EPC services across transmission, renewables, and data-centre infrastructure globally. Overlaps H&MV's HV substation and grid-connection delivery but operates as a broad energy OEM and EPC incumbent.

TypeDirect peer
Description

Kirby Group is an Irish-headquartered mechanical and electrical engineering contractor delivering HV, process, and data-centre projects across Europe. Most direct Irish peer to H&MV in terms of geography, customer mix, and HV substation capability.

TypeDirect peer
Description

Quanta Services is the largest pure-play electric power infrastructure services firm in North America, delivering HV transmission, substation, and renewable interconnection EPC. Directly comparable business model and customer base to H&MV, especially for the U.S. data-centre and utility segments H&MV is targeting via Cooke Power Services.

TypeBroad incumbent
Description

EMCOR Group delivers electrical and mechanical construction, including HV substation and data-centre infrastructure, across the U.S. and internationally. Overlaps H&MV's data-centre HV delivery but is a much broader building and industrial services platform.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers2 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment3 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature1 record

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles5 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries2 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

Compliance7 records

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds2 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors6 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

H&MV Engineering

High-Voltage Electrical Engineering Serviceshmvengineering.com

H&MV Engineering is a privately held Irish specialist contractor delivering high-voltage electrical engineering and construction services (138 kV to 345 kV) to enterprise clients across data centres, renewable energy, and utility sectors in Europe, North America, and India.

What H&MV Engineering does

H&MV Engineering is a specialist provider of high-voltage electrical engineering and construction services, operating across design, build, testing, and maintenance of transmission and distribution infrastructure at voltage levels from 138 kV to 345 kV. The company is organized around three core verticals — Data Centres, Renewable Energy (wind, solar, battery energy storage), and Utilities (substation construction, T&D systems) — and serves enterprise clients including Copenhagen Infrastructure Partners and ESB on flagship projects such as the Maynooth 220/110 kV GIS substation and the 500 MW Coalburn battery facility in Scotland, the largest battery farm in Europe.

The firm operates from a primary headquarters in Limerick, Ireland, with an 18-office international footprint spanning Ireland, the United Kingdom, Norway, Sweden, Denmark, the Netherlands, Germany, Italy, Spain, Portugal, Croatia, India, and a U.S. regional headquarters in Dallas, Texas. Operations are anchored by technical certifications including ISO 9001, ISO 14001, ISO 45001, ISO 50001, and LRQA NERS accreditation, combined with a proprietary H&MV Academy offering City & Guilds Assured high-voltage switching, refresher, and substation access courses delivered in a real substation training environment in Cashel, Ireland.

H&MV pursues a project-based, quote-driven professional services revenue model, selling directly to enterprise clients through a field sales motion. The company is privately held, with private equity firm Exponent as primary backer and LGT Capital Partners joining as a minority investor in September 2024 at a €750 million post-money valuation. Annualized revenues exceed $1 billion, having quadrupled since 2022, with recent inorganic moves including the acquisition of U.S. substation contractor Cooke Power Services (January 2026) and an investment in grid consultancy Blake Clough Consulting (December 2025) extending the service stack upstream into grid connection advisory.

H&MV Engineering firmographics

Firmographics
Name
H&MV Engineering
Legal name
H&MV Engineering Limited
Website
https://hmvengineering.com
Company type
Private
Founded year
2008
Operating status
Operating
Headcount range
1,001–5,000 employees
Short description
H&MV Engineering is a privately held Irish specialist contractor delivering high-voltage electrical engineering and construction services (138 kV to 345 kV) to enterprise clients across data centres, renewable energy, and utility sectors in Europe, North America, and India.
Ownership category
akta.pro rank

H&MV Engineering industry classification

Industry
Product category
High-Voltage Electrical Engineering Services
NAICS
Power and Communication Line and Related Structures Construction (237130), Engineering Services (54133), Electric Bulk Power Transmission and Control (221121)
SIC
Services-Engineering Services (8711), Electrical Work (1731)
akta.pro primary industry
Overhead Transmission Line EPC (HV/EHV) (EUAEABAA)
akta.pro secondary industries
Medium-Voltage (MV) Distribution Substations & Switchgear (EUADACAB), Transmission & Substation O&M (HV Equipment Maintenance) (EUAEAGAD), Protection, Control & Relaying (MV) Installation & Testing (EUAEACAL)

Keywords

  • High voltage engineering
  • Substation construction
  • Transmission distribution
  • Power infrastructure
  • Electrical engineering services

Where H&MV Engineering is headquartered

Location

Headquarters

HQ city
Limerick
HQ country
Ireland
HQ region
Europe

Offices18 records

Markets served

H&MV Engineering business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Operations, Supply Chain, Technology or R&D, Marketing or Sales

Revenue model

  1. High-Voltage Engineering Services: Project-based revenue from high-voltage electrical engineering services including design, construction, testing, and maintenance of electrical infrastructure for data centres, renewable energy projects, and utility companies

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

H&MV Engineering product offering

Product offering

Core offering

H&MV Engineering provides specialist high-voltage electrical engineering, construction, testing, and maintenance services for transmission and distribution systems and substations at voltages ranging from 138 kV to 345 kV. The company delivers projects for data centre, renewable energy, and utility clients across Europe, North America, and India. It also operates the H&MV Academy offering City & Guilds certified training programs for high-voltage operations and substation safety.

Product overview

H&MV Engineering is a leading global provider of specialist high-voltage electrical engineering and construction services. The company operates three core service verticals: Data Centres, Renewable Energy, and Utilities sectors. Services span high-voltage transmission and distribution systems, substation construction, testing, and maintenance for projects ranging from 138 kV to 345 kV. The company also operates the H&MV Academy, offering City & Guilds Assured training programs including HV Switching and Operations (5-day), HV Refresher (3-day), and Substation Access & Awareness courses. The Academy provides practical training in a modified real high-voltage substation environment in Cashel, Ireland.

Differentiator

Problem solved

Functional benefit

Products and services

  • Data Centre Sector Services

Quantifiable outcome

  • Operates over 14 GW of high-voltage projects globally
  • +1 more outcomes

Companies that use H&MV Engineering

Customer profile

Named customers2 records

Segments3 records

Ideal customer profiles3 records

H&MV Engineering technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature1 record

H&MV Engineering partnerships and signals

Strategic signal

Partnerships

Three partnerships are on record, tiered minor and core.

  • AggrekominorStrategic or Co-development Partner · 8 December 2025Global energy solutions provider Aggreko supplied high-voltage load bank and generator package to support commissioning of the 500 MW Battery Energy Storage System at Coalburn, Europe's largest battery farm. H&MV Engineering served as main contractor on this landmark project.
  • City & GuildscoreStrategic or Co-development PartnerCity & Guilds provides certification for H&MV Engineering's training academy programmes including HV Switching and Operations (5-day), HV Refresher (3-day), and Substation Access & Awareness courses.
  • ATU SligominorStrategic or Co-development PartnerAtlantic Technological University Sligo partners with H&MV Engineering on Civil Structural Engineering apprenticeship programme, offering Level 7 Bachelor of Engineering in Civil Engineering by Apprenticeship.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

H&MV Engineering competitors and assessment

Company assessment

Direct peers

  • MasTec: MasTec's Power Delivery segment constructs HV transmission lines, substations, and distribution infrastructure across the U.S. Closely comparable specialty contractor model for utility and renewable developers, particularly relevant to H&MV's U.S. growth ambitions.
  • Burns & McDonnell: Burns & McDonnell is a U.S. employee-owned engineering, architecture, and construction firm with a strong T&D practice delivering substation, transmission, and renewable interconnection work. Comparable services, customers, and delivery model to H&MV, especially in U.S. utility markets.
  • MYR Group: MYR Group's T&D segment delivers HV substations, transmission lines, and distribution infrastructure across North America. Closely comparable specialist electrical construction services for utility and renewable clients, though with a heavier U.S. concentration than H&MV.
  • Morrison Energy Services: Morrison Energy Services is a UK-based HV electrical infrastructure contractor serving utilities, renewables, and rail. Comparable to H&MV in HV substation and grid-connection delivery across the UK and Ireland markets.
  • Kirby Group Engineering: Kirby Group is an Irish-headquartered mechanical and electrical engineering contractor delivering HV, process, and data-centre projects across Europe. Most direct Irish peer to H&MV in terms of geography, customer mix, and HV substation capability.
  • Quanta Services: Quanta Services is the largest pure-play electric power infrastructure services firm in North America, delivering HV transmission, substation, and renewable interconnection EPC. Directly comparable business model and customer base to H&MV, especially for the U.S. data-centre and utility segments H&MV is targeting via Cooke Power Services.

Broad incumbents

  • ABB: ABB's Electrification business provides switchgear, substation automation, and grid solutions globally. While primarily an OEM, it competes with H&MV's substation EPC and services through system integrator and partner channels.
  • Hitachi Energy: Hitachi Energy is a global leader in HV transmission and substation technologies, offering transformers, switchgear, and grid solutions. It competes with H&MV's HV substation EPC scope but at much larger scale and with OEM equipment ownership.
  • Siemens Energy: Siemens Energy provides HV grid technology, substation solutions, and EPC services across transmission, renewables, and data-centre infrastructure globally. Overlaps H&MV's HV substation and grid-connection delivery but operates as a broad energy OEM and EPC incumbent.
  • EMCOR Group: EMCOR Group delivers electrical and mechanical construction, including HV substation and data-centre infrastructure, across the U.S. and internationally. Overlaps H&MV's data-centre HV delivery but is a much broader building and industrial services platform.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

H&MV Engineering social profiles

Digital presence

H&MV Engineering compliance and trust

Trust signal

Compliance7 records

H&MV Engineering financial estimates

Financial estimate

Revenue estimate

Valuation estimate

H&MV Engineering leadership team

Management profile

Number of profiles

Profiles5 records

H&MV Engineering subsidiaries and ownership

Company hierarchy

Subsidiaries2 records

H&MV Engineering funding detail

Funding detail

Funding overview

Funding rounds2 records

Investors6 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

H&MV Engineering M&A and investment

M&A and investment

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about H&MV Engineering

What does H&MV Engineering do?

H&MV Engineering provides specialist high-voltage electrical engineering, construction, testing, and maintenance services for transmission and distribution systems and substations at voltages ranging from 138 kV to 345 kV. The company delivers projects for data centre, renewable energy, and utility clients across Europe, North America, and India. It also operates the H&MV Academy offering City & Guilds certified training programs for high-voltage operations and substation safety.

Is H&MV Engineering a public or private company?

H&MV Engineering is a private company. It is classified as private equity controlled and is currently operating.

When was H&MV Engineering founded?

H&MV Engineering was founded in 2008. It employs 1,001 to 5,000 people.

Where is H&MV Engineering based?

H&MV Engineering is headquartered in Limerick, Ireland, in the Europe region.

How does H&MV Engineering make money?

One revenue line is on record: high-Voltage Engineering Services.

Who are H&MV Engineering's main competitors?

Direct peers on record are MasTec, Burns & McDonnell, MYR Group, Morrison Energy Services, Kirby Group Engineering and Quanta Services. Broad incumbents are ABB, Hitachi Energy, Siemens Energy and EMCOR Group.

Does H&MV Engineering have an API?

No public API is recorded for H&MV Engineering.

What industry is H&MV Engineering in?

H&MV Engineering's product category is High-Voltage Electrical Engineering Services. Its primary akta.pro industry code is EUAEABAA, Overhead Transmission Line EPC (HV/EHV), with a secondary code of EUADACAB, Medium-Voltage (MV) Distribution Substations & Switchgear. Its NAICS code is 237130 and its SIC code is 8711.

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Live signals
American City Business JournalsIrish firm H&MV Engineering opens Dallas HQ, plans 1,000 jobsH&MV Engineering, a Limerick-based firm, opened its North America headquarters in Dallas. The company plans to create 1,000 jobs, driven by rising demand for AI data centers and grid electrification.Think BusinessH&MV Engineering to create 1k US jobsH&MV Engineering, an Irish high-voltage engineering firm, is creating 1,000 US jobs over five years and has established its North American headquarters in Dallas. The company, which designs and builds substations, has revenues exceeding €1 billion and targets €3 billion annually within five years.Dallas InnovatesH&MV Engineering Picks Dallas for North American HQH&MV Engineering, an Ireland-based firm, opened its North American headquarters in Dallas, aiming to create 1,000 U.S. jobs. The company, valued at $1.6 billion, targets $3.5 billion in annual revenue within five years, with over $7 billion in high-voltage projects expected in the DFW area.PcdnH&MV Engineering Picks Dallas for North American HQH&MV Engineering, an Ireland-based firm, opened its North American headquarters in Dallas, aiming to create 1,000 U.S. jobs. The company, valued at $1.6 billion, targets $3.5 billion in annual revenue within five years, with over $7 billion in high-voltage projects expected in the DFW area.Think BusinessKingspan to buy BMC in €850m dealKingspan agreed to acquire 100% of BMC Manufacturing Group in a deal valued at up to €900 million, with initial consideration of €850 million. The acquisition aims to expand Kingspan's data centre offering, with BMC expected to report €280 million revenue in 2026 and €180 million EBITDA in 2027.Pulse 2.0H&MV Engineering Valued At €1.4 Billion In €750 Million Continuation Vehicle Led By ExponentH&MV Engineering has established a €750 million continuation vehicle led by Exponent, valuing the high-voltage engineering company at approximately €1.4 billion with participation from Apollo S3, Pantheon, and SQ Capital. The transaction provides capital to support H&MV’s U.S. expansion, international hiring, and strategic acquisitions as it targets €3 billion in annual revenue within five years. The deal is subject to regulatory approval and is expected to close in September 2026.Think BusinessH&MV secures €750m backingH&MV Engineering signed a continuation vehicle worth about €750 million, led by Exponent with Apollo S3, Pantheon, and SQ Capital joining. The Limerick-based firm targets €3 billion in annual revenues within five years and plans to grow its workforce to 3,000. The deal is subject to regulatory approval, with completion expected in September 2026.Irish building magazineApollo S3, Pantheon and SQ Capital to join an Exponent-led continuation vehicle dedicated to H&MV EngineeringH&MV Engineering signed a transaction to establish a €750m continuation vehicle led by Exponent, with Apollo S3, Pantheon, and SQ Capital joining. The company targets €3bn in revenues within five years and a global workforce of 3,000, with completion expected in September 2026.PR NewswireH&MV Engineering valued at €1.4 billion in new funding transactionH&MV Engineering has secured a €750 million continuation vehicle led by Exponent, with new investors Apollo S3, Pantheon, and SQ Capital joining to support its international expansion. The funding will facilitate the company's U.S. growth, strategic acquisitions, and workforce expansion as it targets €3 billion in annual revenues within five years. This transaction builds on H&MV's recent revenue surge to over €1 billion, driven by global demand for critical power infrastructure related to AI and energy transition.PR NewswireH&MV Engineering valued at €1.4 billion in new funding transactionH&MV Engineering has secured a continuation vehicle transaction valued at approximately €750 million, led by Exponent, with participation from Apollo S3, Pantheon, and SQ Capital. The company aims to expand its revenues from €1 billion in FY26 to €3 billion in five years while substantially increasing its workforce to 3,000 employees. H&MV is focusing on U.S. expansion and investment in new engineering capabilities amid growing demand for critical power infrastructure.