Infratek delivers contingency services to Hafslund Nett

Infratek, with the business areas Local Infrastructure and Central Infrastructure, has entered into an agreement with Hafslund Nett AS regarding contingency services from 1 July 2013 to 30 June 2015, with an option for additional 1+1 years (2015 – 2017).

The agreement includes contingency preparedness and fault repair on the regional grid in the regions Akershus, Østfold and Oslo in Norway, and on the distribution grid in Oslo, Asker, Bærum and Romerike in Norway.

The agreement is in line with Infratek’s strategic positioning in densely populated areas in the Nordic region, and has an estimated annual value of approx. NOK 112 million depending on the number of incidents in the grids.

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, 20 March 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 2.9 billion in 2011. Infratek is listed on the Oslo Stock Exchange. For further information, please see www.infratek.no.