HY
- Company typePrivate
- Founded1984
- HeadquartersSingapore, Singapore
- Headcount251–500
- GTM typeB2B
- OfferingServices
HY firmographics
Firmographics- Name
- HY
- Legal name
- HY M&E Consultancy Services Pte Ltd
- Website
- https://hy-me.com.sg
- Company type
- Private
- Founded year
- 1984
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Ownership category
- akta.pro rank
HY industry classification
Industry- Product category
- Engineering Consultancy
- NAICS
- Automatic Environmental Control Manufacturing for Residential, Commercial, and Appliance Use (334512), Plumbing, Heating, and Air-Conditioning Contractors (238220)
- SIC
- Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip (3585)
- akta.pro primary industry
- Building Management & Facility Control Systems (BMS/BAS, Power Monitoring, EPMS) (EUAEAFAJ)
- akta.pro secondary industries
- HVAC Controls & Optimization (Smart Thermostats, VAV, Chillers/Boilers Controls) (BPABAGAB), HVAC Service, Maintenance & Repair (BPABACAA), Renewable Energy Asset O&M (Wind, Solar, Hydro, Geothermal) (EUAEAGAB), Building Thermal Controls & Building Management Systems (HVAC BMS) (IMAHAKAK)
Keywords
Where HY is headquartered
LocationHeadquarters
- HQ city
- Singapore
- HQ country
- Singapore
- HQ region
- Asia
Offices2 records
Markets served
HY business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Others
Revenue model
- Engineering Consultancy Services: Professional M&E engineering consultancy services including system design, technical consultancy, project planning and management, and technical investigations for buildings, infrastructure, and industrial facilities.
- Sustainability and Green Building Services: Consultancy services for green building certification (Green Mark, LEED, WELL, EDGE, Estidama), energy modelling, digital twins, and sustainability advisory through their BeeCon division.
- Electrical Licensing Services: Licensing services for low-voltage and high-voltage electrical installations including submission and renewal of licenses to Energy Market Authority of Singapore, regular inspections, and maintenance advisory.
Go-to-market motion1 record
Distribution channels3 records
Marketing channels5 records
HY product offering
Product offeringCore offering
HY is a Mechanical and Electrical (M&E) Engineering Consultancy that designs M&E systems for buildings, industrial facilities, and infrastructure across Singapore and the ASEAN region, covering electrical distribution, lightning protection, grounding, HVAC, fire alarm, plumbing, vertical transportation, security, and building automation. Through its BeeCon division, HY also delivers sustainability and green building services including Digital Twin services, Green Building Certification (Green Mark, LEED, WELL, EDGE, Estidama), energy modelling, microgrid/energy storage consulting, and solar assessment studies.
Product overview
HY is a Mechanical and Electrical (M&E) Engineering Consultancy with over 40 years of experience delivering M&E systems design in Singapore and ASEAN. The company operates a two-brand portfolio: HY (core M&E engineering services) and Beecon (sustainability division focused on building energy efficiency). HY's core offerings include electrical distribution systems, building performance analysis, microgrids, energy storage systems, and technical consultancy services. Beecon provides specialized sustainability services including Digital Twin Services (Static Twin and Dynamic Twin), BIM Consulting, Green Building Certification (Green Mark, LEED, WELL, EDGE, Estidama), Energy Modelling, Microgrids and Energy Storage Systems, Solar Assessment Services, and Rooftop/BIPV Solar Studies. The company also offers electrical licensing services and IAQ testing as add-on services. Projects span residential, commercial, industrial, healthcare, education, and mission-critical facilities.
Differentiator
Problem solved
Functional benefit
Brands
- BeeCon: Building Energy Efficiency Consultancy - the sustainability division of HY, specializing in energy efficiency, green building certification, digital twins, and energy optimization services
- Commodore
Products and services
- Arc Flash Analysis Engineering analysis service assessing arc flash hazards in electrical installations to inform protective device coordination, PPE specification, and label compliance for facility owners and operators.
- Architectural Shielding Electromagnetic shielding design service for buildings and facilities, addressing interference and electromagnetic compatibility considerations in M&E engineering.
- Building Information Modelling (BIM) 3D modelling and information management services for building projects, supporting design coordination, clash detection, and digital handover across construction and infrastructure projects.
- Building Performance Analysis and Energy Modelling Performance analysis and energy modelling services for buildings to optimise energy efficiency, inform green building certification, and support sustainability targets.
- Distribution Network Planning and Analysis Electrical distribution network planning and analysis services for infrastructure projects, covering load forecasting, network design, and reliability assessment.
- Grounding Grid Design and Simulation Electrical grounding grid design and simulation services ensuring safety and reliability of electrical installations for substations and industrial facilities.
- Lightning Risk Assessment & Protection Comprehensive lightning protection assessment including voltage/current analysis, arrester selection, surge protection design, and risk reduction strategies for buildings and facilities.
- Microgrids Engineering Microgrid design and engineering services covering assessment, feasibility, design, planning, implementation, integration, monitoring, and maintenance with distributed energy resources.
- Energy Storage Systems Engineering Engineering services for energy storage systems design and implementation as part of the energy transformation competency, including sizing, integration, and grid interface design.
- Energy Transformation Consulting Engineering competency focused on advising clients through the energy transition, integrating microgrids, energy storage, electrification, and renewable energy strategies.
- Mobility Electrification Engineering Mobility electrification engineering services supporting transportation infrastructure electrification initiatives, including EV-ready M&E design for facilities and transport hubs.
- M&E System Design Comprehensive M&E system design covering electrical distribution, lightning protection, grounding, fire alarm, HVAC, plumbing, vertical transportation, security systems, and building automation.
- Project Planning and Management Comprehensive project planning and management services including development front-end, master planning, feasibility studies, tender management, and contract administration.
- Technical Consultancy Technical consulting services covering energy management, facilities retrofitting, load growth projection, power quality, risk management, and technology applications across buildings and infrastructure.
- Technical Investigations Technical investigation services including power failure investigations, electrical fault diagnostics, forensics engineering, and root cause analysis for facilities operators.
- Electrical Licensing Services Licensing services for low-voltage and high-voltage electrical installations, including submission and renewal of license applications to the Energy Market Authority of Singapore, regular inspections, and compliance monitoring.
- Indoor Air Quality (IAQ) Testing IAQ testing services for residential and commercial spaces to identify pollutants, health symptoms, and environmental conditions, supporting green building certification and occupant wellbeing.
- BeeCon Digital Twin Services Digital twin technology services for energy optimisation and sustainability in the built environment, including Static Twin (3D snapshot models) and Dynamic Twin (real-time BMS/IoT-connected replicas), delivered via the proprietary HYDRAS framework.
- BeeCon Green Building Certification Services Comprehensive green building certification advisory across Green Mark (Singapore), LEED, WELL, EDGE, and Estidama Pearl rating systems, supporting property owners pursuing sustainability credentials.
- BeeCon Solar Assessment Services Solar assessment through simulation including preliminary assessment, financial projections, optimisation recommendations, and ongoing support for rooftop and BIPV solar installations, including power generation and carbon emission reduction analysis.
- BeeCon Energy Management Solutions Energy management solution services including energy optimisation, road-mapping to net-zero energy buildings, and holistic efficiency approaches for commercial and industrial clients.
Quantifiable outcome
- ~22% further energy optimization potential uncovered through digital twin simulation at IGBC Platinum-rated factory (BELIMO CESIM House case study)
- +3 more outcomes
Companies that use HY
Customer profileNamed customers6 records
Segments7 records
Ideal customer profiles5 records
HY technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature8 records
HY partnerships and signals
Strategic signalPartnerships
15 partnerships are on record, tiered core and minor.
- CommodorecoreHY and Commodore partnered with LTA Singapore, SMRT Corporation Ltd, and MEIDEN SINGAPORE PTE LTD to replace the power systems of Singapore's MRT North-South and East-West lines. This 5-year project is one of the most challenging engineering projects, involving transporting 95-tonne transformers.
- RaitancoreHY partners with Raitan in pioneering applications in Solar Pavements. Singapore's Sentosa island pioneered 'solar pavements' on Fort Siloso Skywalk, with SDC exceeding its 2023 solar capacity target of over 5.2 megawatt-peak.
- SCx Solutions Pte. Ltd.coreSCx Solutions and HY signed an MOU to explore innovative collaborations in CFD and CAE with HY's expertise in decarbonization and netzero sustainable design for buildings, power systems, transportation infrastructures and industrial processes.
- Singapore Business Federation (SBF)coreHY joined SBF's business mission to Kuching, Sarawak to engage with Sarawak government and local business community in renewable energy and hydrogen economy sectors alongside HFCAS members.
- Hydrogen and Fuel Cell Association of Singapore (HFCAS)coreHY participated in SBF delegation alongside HFCAS to engage with Sarawak's clean energy transformation and hydrogen economy development.
- BelimocoreHY-Beecon collaborated with Belimo on a landmark white paper on digital twin innovation for HVAC design, simulation, and optimization. The BELIMO CESIM House case study demonstrated ~22% energy optimization potential through digital twin simulation.
- DSTA (Defence Science and Technology Agency)coreHY collaborated with DSTA, ComAp Group, and Singapore Polytechnic on technical paper 'Challenges and Successful Completion Of Upgrading Emergency Generator System Into Microgrid' presented at CEPSI 2025.
- ComAp GroupcoreComAp Group collaborated with HY on the microgrid upgrade project, providing control systems expertise for the conversion of conventional emergency power system into smart, resilient microgrid.
- Singapore PolytechniccoreSingapore Polytechnic collaborated with HY on technical paper for CEPSI 2025, contributing academic expertise to the microgrid upgrade project.
- Qi SquareminorHY collaborates with Qi Square for specialized energy audit services.
- Singapore Institute of TechnologyminorIFIP WG 11.10 ICCIP 2026 conference held at Singapore Institute of Technology, Punggol Digital District, where HY's Managing Director participated as panelist.
- Singapore University of Technology and Design (SUTD)minorProf Daisuke Mashima from SUTD moderated the ICCIP 2026 panel discussion on Critical Infrastructure Without Borders.
- National University of SingaporeminorNUS connected with HY at TechInnovation 2023 for potential collaborations in sustainability and digital twin areas.
- Setsco Services Pte LtdminorSetsco Services connected with HY at TechInnovation 2023 for potential collaborations.
- Singapore Week of Innovation and Technology (SWITCH)minorHY participated in SWITCH's TechInnovation 2023 event for tech ecosystem immersion.
Scale indicators4 records
Recent moves6 records
Expansion highlights6 records
HY competitors and assessment
Company assessmentBroad incumbents
- AECOM: Global infrastructure consultancy with established Singapore office delivering M&E, energy, and sustainability services. Comparable on energy transition and infrastructure mandates, though at significantly larger scale and broader service mix.
- Arup: Global engineering consultancy with strong Singapore presence in M&E, sustainability, and digital built environment. Targets the same large enterprise and government engagements but offers much broader multi-disciplinary portfolio.
- WSP Global: Global professional services firm with significant Singapore M&E engineering and sustainability practice. Competes for the same government and commercial RFPs but operates at vastly larger scale across multiple disciplines.
- Beca Group: Asia-Pacific engineering consultancy headquartered in New Zealand with regional offices including Singapore. Overlaps on M&E design and sustainability advisory for buildings and infrastructure across the region.
- Jacobs Solutions: Global engineering services firm with critical infrastructure, energy transition, and buildings practices touching Singapore. Competes for mission-critical facility and infrastructure power-system mandates similar to HY's LTA-adjacent work.
Direct peers
- CPG Group: Singapore-based engineering and infrastructure consultancy with multi-decade heritage delivering MEP, facilities, and infrastructure design. Overlap with HY spans M&E engineering, government infrastructure, and Singapore public-sector project pipelines.
- Surbana Jurong: Singapore infrastructure consultancy with broad M&E, sustainability, and energy advisory capabilities. Comparable on Singapore infrastructure projects (LTA, SDC-adjacent work) and green building / smart city mandates.
- Meinhardt Group: Singapore-headquartered global engineering consultancy with deep M&E and building services practice across Asia, Middle East, and UK. Directly comparable as a Singapore-rooted M&E consultancy serving similar commercial, infrastructure, and sustainability-mandated clients.
Others
- Belimo: Swiss HVAC actuation and digital twin ecosystem partner with which HY-Beecon published a landmark white paper. Adjacent ecosystem participant that enables HY's HVAC optimization services rather than a direct competitor.
Emerging players
- IDOM: International engineering consultancy with Asia-Pacific presence offering M&E, energy, and renewables services. Smaller footprint in the region than global incumbents but actively pursuing energy transition engagements comparable to HY's microgrid and solar work.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
HY social profiles
Digital presenceHY financial estimates
Financial estimateRevenue estimate
Valuation estimate
HY leadership team
Management profileNumber of profiles
Profiles4 records
HY subsidiaries and ownership
Company hierarchySubsidiaries1 record
HY funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
HY M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about HY
What does HY do?
HY is a Mechanical and Electrical (M&E) Engineering Consultancy that designs M&E systems for buildings, industrial facilities, and infrastructure across Singapore and the ASEAN region, covering electrical distribution, lightning protection, grounding, HVAC, fire alarm, plumbing, vertical transportation, security, and building automation. Through its BeeCon division, HY also delivers sustainability and green building services including Digital Twin services, Green Building Certification (Green Mark, LEED, WELL, EDGE, Estidama), energy modelling, microgrid/energy storage consulting, and solar assessment studies.
Is HY a public or private company?
HY is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was HY founded?
HY was founded in 1984. It employs 251 to 500 people.
Where is HY based?
HY is headquartered in Singapore, Singapore, in the Asia region.
How does HY make money?
Three revenue lines are on record. Engineering Consultancy Services are the primary driver. The others are sustainability and Green Building Services and electrical Licensing Services.
Who are HY's main competitors?
Broad incumbents on record are AECOM, Arup, WSP Global, Beca Group and Jacobs Solutions. Direct peers are CPG Group, Surbana Jurong and Meinhardt Group. Belimo is listed as an others. IDOM is listed as an emerging player.
Does HY have an API?
No public API is recorded for HY.
What industry is HY in?
HY's product category is Engineering Consultancy. Its primary akta.pro industry code is EUAEAFAJ, Building Management & Facility Control Systems (BMS/BAS, Power Monitoring, EPMS), with a secondary code of BPABAGAB, HVAC Controls & Optimization (Smart Thermostats, VAV, Chillers/Boilers Controls). Its NAICS code is 334512 and its SIC code is 3585.