YIT to construct a hydropower plant in Western Norway
YIT Corporation Investor News September 28, 2018 at 1:00 p.m.YIT and Sunnhordaland Kraftlag AS, a Norwegian power company, have signed an agreement on constructing a new hydropower plant in the Hordaland County in Western Norway. The value of the contract is approximately EUR 33 million. The construction will begin in October 2018, and it will be completed in December 2021. The project is booked in the order backlog of the third quarter. The new power plant “Løkjelsvatn Kraftverk” will be located close to the city of Etne. The contract covers the construction of a power plant, including