Infratek builds cable system for Hafslund Nett

Infratek, with the business area Local Infrastructure, has been awarded a contract with Hafslund Nett regarding the building of a 132kV cable system from Sogn to Ullevål in Oslo, Norway. The work also includes approx. 5500 meters of trenches divided on two trench routes.

The value of the contract is approx. NOK 30 million.

The work will commence in June 2013 and be completed in November 2014.The work on the eastern trench route will be carried out in 2013, while the western route and interior work on the Sogn and Ullevål substations will be carried out in 2014.

According to regulations the other tenders have the right to lodge complaints for 10 days. The contract cannot be signed prior to the expiration of this period and prior to the evaluation of any complaints.

Hafslund Nett AS is a company in the Hafslund Group, which is the largest owner of Infratek ASA.

Infratek ASA

Oslo, 5 June 2013

For further information, please contact:

Vibecke Skjolde, CFO:
47 916 62 110, vibecke.skjolde@infratek.no
 
Lars Bangen, Group Executive Vice President Local Infrastructure
47 907 81 223, lars.bangen@infratek.no

 
About Infratek ASA:
Infratek is one of the leading Nordic players within building, operating and securing of critical infrastructure. The Group delivers a wide range of services for power grids, railway systems, fiber networks, district heating, public street lighting and technical high security solutions. Infratek has 1,700 employees in Norway, Sweden, Finland and Denmark, and had revenues of NOK 2.8 billion in 2012. Infratek is listed on the Oslo Stock Exchange. For further information, please see www.infratek.no.