H&MV Engineering, the Limerick-based high-voltage engineering firm, plans to create 1,000 jobs across the United States over the next five years as it expands its role in delivering power infrastructure for AI, data centers, and energy sectors. The company has established its North American headquarters in Dallas, Texas, positioning itself closer to key customers and major projects.
Expanding into the US Market
H&MV specializes in designing, building, and energizing high-voltage substations and grid connections. It is currently working on multiple projects across the US, ranging from 138kV to 345kV, with Texas and Louisiana among its most active markets. The planned recruitment drive follows the company’s acquisition of Texas-based Cooke Power Services earlier this year, which will help scale its engineering and construction capabilities.
The expansion aligns with surging demand for electrical infrastructure driven by AI and data center growth. CEO P.J. Flanagan noted that while AI and data centers are increasing focus on power needs, the broader opportunity lies in grid investment, renewables, and battery storage. “That is exactly where H&MV specialises, and why we see the US as a major part of our next phase of growth,” Flanagan said.
Rapid Growth and Financial Milestones
p> H&MV’s US expansion is part of a period of rapid growth. Revenues have risen from €61 million in 2020 to over €1 billion today. The company was recently valued at approximately €1.4 billion following an investment deal aimed at funding international expansion. It currently has more than 24GW of projects in design and construction worldwide, alongside a €2 billion order book and a €16 billion pipeline.
With 20 international offices and over 1,900 employees, H&MV is targeting annual revenues of €3 billion within five years. Ken Gilmartin, executive vice-president for the US, emphasized Dallas as the ideal base for scaling operations. “It puts us close to customers and major growth markets, with access to a deep pool of engineering and construction talent,” Gilmartin said.
The company’s growth trajectory reflects the broader trend of increased investment in power networks and renewable energy systems, positioning H&MV as a key player in the global infrastructure push.