INFRA - Infratek awarded contract with E.ON in Sweden
Infratek, with the business area Central Infrastructure, has been awarded a contract with E.ON Elnät regarding reconstruction of two substations in Klaverström and Lidboholm in Småland, Sweden.
The work covers the total rebuilding of two 50/10 kV substations, and includes demolition of existing buildings, construction of new control and switchgear buildings, control equipment for 50 kV and 10 kV systems, AC and DC power systems, and replacement of 50 kV and 10 kV switchgears.
The contract has a value of SEK 30 million.
The work will start immediately and will be completed by the end of 2013.
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.
Oslo, 12 November 2012
For further information, please contact:
Vibecke Skjolde, CFO: +47 916 62 110, firstname.lastname@example.org
Alf Engqvist, Group Executive Vice President Central Infrastructure: + 46 70 538 54 05, email@example.com
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 and Finland, 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.
This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.