Skanska builds I-95 15 Project in Rhode Island, USA, for USD 417M, about SEK 4.4 billion

Skanska has, in a joint venture with McCourt Construction and AETNA Bridge Company, signed a contract with the Rhode Island Department of Transportation for the design-build of the I-95 15 Project in Providence, Cranston, and Warwick, Rhode Island, USA. The total contract is worth USD 625M. Skanska will include its share of the contract worth USD 417M, about SEK 4.4 billion, in the US order bookings for the third quarter of 2024.

The complex project scope addresses the I-95 corridor holistically to encourage the safe movement of 185,000 vehicles daily by removing 15 bridges, reducing the total deck area by 17.5 percent, and improving the flow of 45.2 billion tons of truck freight annually.

Work started in August of 2024, with substantial completion expected in August of 2031.

For further information please contact:

Maritza Ferreira, Vice President of Communications, Skanska USA, tel +1 (678) 492 2003

Andreas Joons, Press Officer, Skanska Group, tel +46 76 870 75 51

Direct line for media, tel +46 (0)10 448 88 99

This and previous releases can also be found at www.skanska.com.

Skanska Group uses its knowledge and foresight to shape the way people live, work, and connect. We are one of the world’s largest project development and construction companies, with 2023 revenue totaling SEK 157 billion. We operate across select markets in the Nordics, Europe and USA. Together with our customers and the collective expertise of our approximately 27,000 teammates, we create innovative and sustainable solutions that support healthy living beyond our lifetime.