Limerick-based H&MV Engineering has announced plans to create 1,000 US jobs as it scales to deliver the power infrastructure for AI and data centre buildout in the US, as well as grid investment and expanding energy infrastructure.
The global high-voltage engineering specialist has established its North America headquarters in Dallas, which will serve as a base for its growing engineering and project delivery operations across the country.
H&MV designs, builds and energises high-voltage substations and grid connections for hyperscale technology companies, utilities and energy developers.
It has over 1,900 employees and offices operates from 20 international offices across Ireland, the UK, Europe, the US and Asia.
The new US roles are planned over the next five years as the company expands its US engineering, construction and project delivery capabilities.
H&MV has multiple projects in design and construction across the US with Texas and Louisiana its most active markets.
Its expansion in the US comes amid rapid global growth, with revenues increasing from €61m in 2020 to more than €1 billion today.
The company was recently valued at approximately €1.4 billion in a new investment transaction providing long-term capital to support its international expansion.
H&MV has more than 24GW of projects in design and construction globally, a €2 billion order book and €16 billion pipeline, and is targeting €3 billion in annual revenues within five years.
PJ Flanagan, CEO of H&MV Engineering, said that AI and data centre growth is putting huge focus on the need for power infrastructure, but the opportunity is much broader.
“Across the US, investment in the grid, renewables and battery storage is driving demand for new high-voltage infrastructure. That is exactly where H&MV specialises, and why we see the US as a major part of our next phase of growth, Mr Flanagan said.
Ken Gilmartin, Executive Vice President, US, at H&MV Engineering, said that Dallas is the right base for the next stage of our US growth.
“It puts us close to customers and major growth markets, with access to a deep pool of engineering and construction talent. We’re building the team and capabilities here to deliver complex power infrastructure at scale across the US,” he added.
