Three Hills has acquired a significant minority stake in Sinewave, a UK-based Independent Connection Provider, to support its growth in the EV and renewable energy markets.

Target Overview

Three Hills has successfully acquired a substantial minority interest in Sinewave, a prominent Independent Connection Provider (ICP) based in the United Kingdom. Sinewave specializes in delivering mission-critical grid connection services tailored to the electric vehicle (EV), renewable energy, and data center sectors. Established in 2015 and headquartered in Swindon, England, Sinewave excels in designing, installing, and maintaining high- and low-voltage electricity networks up to 400 kilovolts (kV), thus offering comprehensive solutions throughout the lifecycle of infrastructure projects.

The company has gained a stellar reputation for its technical excellence and reliable service delivery, positioning itself as a leader in the UK EV ICP market while simultaneously expanding its footprint in the renewable energy and data center spaces. This investment is set to bolster Sinewave’s growth initiatives and its strategic development plans aimed at penetrating high-growth markets.

Industry Overview in the UK

The UK's energy sector is undergoing a significant transformation, particularly with the increasing emphasis on renewable sources and electric mobility. The shift towards electric vehicles is prompting a surge in demand for robust charging i