Skanska signs five-year asset management contract with Welsh Water in UK for about GBP 193 M, about SEK 2.4 billion
Skanska has signed a five-year contract with Welsh Water to deliver its Asset Management Programme in the UK. The contract will be worth about GBP 193 M, about SEK 2.4 billion, over the five-year period. Skanska will include the first two years of the contract, worth GBP 52 M, about SEK 640 M, in the order bookings for Europe for the first quarter of 2020.As part of the contract, Skanska is responsible for building critical infrastructure across water treatment works and pumping stations as well as upgrading dams and managing pipe installations. Skanska’s focus is on delivering