Skanska builds replacement high school in Vancouver, Washington, USA, for USD 144 M, about SEK 1.3 billion

Skanska has signed a contract with Evergreen Public Schools to construct the replacement of Mountain View High School in Vancouver, Washington, USA. The first phase of the contract is worth USD 144 M, about SEK 1.3 billion, which will be included in the US order bookings for the third quarter of 2020.

The project scope includes the demolition of the existing school, construction of the new 26,000 square-meter building, with new athletic fields and parking lot.

Construction began in July 2020 and is scheduled for completion in December 2022.

Skanska is one of the leading construction- and development companies in USA, specializing in building construction, civil infrastructure and developing commercial properties in select U.S. markets. Skanska USA had sales of SEK 74 billion and about 7,900 employees in its operations in 2019.

For further information please contact:

Pamela Monastra, Senior Vice President, Skanska USA, tel +1 404 946 74 00

Olof Rundgren, Media Relations Manager, Skanska AB, tel +46 (0)10 448 67 94

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

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

Skanska is a world leader in construction and project development on select markets in the Nordic region, Europe and USA. Driven by the Group’s values, Skanska wants to contribute to a better society. Skanska provides innovative, sustainable solutions for both simple and complex assignments. Skanska has about 35,000 employees, and 2019 revenue totalled SEK 177 billion.