New project for Svenska kraftnät
19.12.2023 10:08:16 CET | AF Gruppen ASA | Press release
AF Gruppen's subsidiary, Kanonaden Entreprenad, was awarded the contract to construct and install two new series compensation stations for Svenska kraftnät. The contract will be carried out in a consortium with Hitachi Energy. Kanonaden's share of the contract is around SEK 219 million, excluding VAT.
The two series compensation stations will be installed at Olingan SC in Jämtland and Gräsmark SC in
Värmland to reinforce the existing CL26 transmission line. Series compensation increases power supply, reduces the risk of outages, and reduces environmental impact.
The agreement is a turnkey contract and Kanonaden's part of the work includes construction, assembly, and installation work.
"We are proud of the continued confidence shown in us and cooperation with both Svenska kraftnät and Hitachi Energy. The project is in line with our Swedish civil engineering strategy of focusing on energy and power-related projects," says Bård Frydenlund, EVP Sweden.
Contacts
Bård Frydenlund
Tel:+47 918 68 621Bard.Frydenlund@afgruppen.noPeter EkManaging DirectorKanonaden Entreprenad Mälardalen
Tel:+46 705 77 61 77Images
AF Gruppen
AF Gruppen is a leading contracting and industrial group that was formed by an entrepreneurial spirit and execution capabilities. The group has 6,000 employees and revenue reached NOK 31 billion in 2022. AF Gruppen is listed on Oslo Stock Exchange (AFG).
We provide a broad range of services with seven operational business areas: Civil Engineering, Building, Betonmast, Property, Energy and Environment, Sweden and Offshore.
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