Infratek awarded frame agreement with Hafslund Nett

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Infratek, with the business area Local Infrastructure, has been awarded a frame agreement with Hafslund Nett regarding service and maintenance of distribution grid exit points in the area Oslo East, Norway.

The contract duration is two years with effect from 1 September 2013, with an option for two additional years.

The agreement has an estimated value of NOK 29 million over two years.

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.