Awarded major project for Svenska Kraftnät
AF Gruppen’s subsidiary, Kanonaden Entreprenad, in consortium with Hitachi Energy, has been awarded the contract to install seven new series compensation stations in central and northern Sweden. The contract is a turnkey project, with Kanonaden’s share amounting to just over SEK 900 million excluding VAT.
The project includes the construction of new series compensation stations, including associated control buildings, storage, and backup power facilities. Kanonaden is also responsible for construction management, earthworks, site security, foundation work for buildings and high-voltage installations, as well as the installation and assembly of high-voltage equipment. The power quality solution for the project is designed and supplied by Hitachi Energy.
Svenska kraftnät has an option to order an additional three series compensation stations. The option is valued at approximately MSEK 400 excluding VAT.
The new series compensation stations will accelerate the energy transition and enable improved transmission capacity for Sweden’s electricity grid. Series compensation provides increased power supply, lower risk of downtime and less environmental impact.
“We are proud to contribute to strengthening Sweden’s power grid and to continue our collaboration with Svenska Kraftnät and Hitachi Energy,” says Amund Tøftum, CEO of AF Gruppen.
Contacts
Bård Frydenlund
Tel:+47 918 68 621Bard.Frydenlund@afgruppen.noImages
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 30,5 billion in 2023. 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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