Multiconsult contract award with KfW Development Bank for GET FiT Zambia

Multiconsult will manage the secretariat for GET FiT Zambia and provide comprehensive commercial, technical and administrative support for the realisation of the several projects within the GET FiT programme.

The value for the first phase of the contract for Multiconsult is estimated to approximately NOK 27 million with additional options for approximately NOK 20 million for the second phase. Work will begin immediately and the majority is planned to be completed by 2022.

GET FiT Zambia aims to assist the Zambian government with the implementation of its REFit strategy to increase renewable power generation. The programme will realise 200 MW of new power generation through small and medium sized Independent Power Producer (IPP) projects. In the first phase, focus will be on solar photovoltaics projects.

The project will be run from Multiconsult’s office in Oslo and through a local project office in Zambia.

The contract award is preliminary and subject to final approvals and a holding period.


For further information, please contact:

Investor relations:
     Mirza Koristovic, Head of Investor Relations
     Phone: +47 93 87 05 25
     E-mail: ir@multiconsult.no

Media:
     Gaute Christensen, VP Communications
     Phone: +47 911 70 188
     E-mail: gaute.christensen@multiconsult.no


ABOUT MULTICONSULT
Multiconsult is a leading Norwegian multidisciplinary engineering consulting company, with more than 2 800 employees and 45 offices in Norway and abroad. The Company focuses on six business areas: Buildings & Properties, Transport, Renewable Energy, Oil & Gas, Industry and Water & Environment. The Company has an operating history that spans more than a century, with the inception of Norsk Vandbygningskontor in 1908.