Multiconsult nominated for two frame agreements for Statnett SF

Multiconsult (OSE: Multi) with subcontractors have been nominated for two new frame agreements for Statnett SF regarding further development of the power transmission system in Norway. These frame agreements include engineering services for sub stations, power cables and lines, as well as owner’s engineering services.

The duration of the two frame agreements will be four years from signing of the contracts, with further possible extensions for up to four years. The total value over four years is estimated to be above NOK 1 billion. 

“We are delighted to participate in the further development of the Norwegian power systems, which is an essential factor in the green transition of the society. At the same time we are very pleased that Multiconsult was assessed as the company with the best quality in both agreements, and that we continue our good cooperation with Statnett SF”, says Snorre Treimo, SVP Energy & Industry of Multiconsult. 

The nomination of the contracts are subject to standstill period (NO: karenstid) which expires on 16 October 2023.

For further information, please contact:

Investor relations:
      Ove B. Haupberg, CFO & EVP
      Phone: +47 401 00 900
      E-mail: oveb.haupberg@multiconsult.no

Media:
      Cato A. Mørk, Senior Communications Advisor
      Phone: +47 924 55 663
      E-mail: cato.mork@multiconsult.no