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Skanska invests EUR 24M, about SEK 270M, in a residential development project in Helsinki, Finland

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Skanska invests in a residential development project in Helsinki, Finland. The total investment amounts to EUR 24M, about SEK 270M.

The residential development project consists of three buildings, 57 apartments and a parking hall. The project has the highest energy efficiency class, and it is aiming to receive the YL Environmental Classification.

The building utilizes a unique seasonal energy storage that uses sea water heated by the sun and the recycled heat of residential buildings. Due to the innovative energy solution the building’s carbon footprint is almost zero during the usage phase. Additionally solar panels on the rooftop will help generate some of the electricity used by the property. The parking spaces are equipped with electric car chargers.

Construction is scheduled to begin in the fourth quarter of 2024, and it is expected to be completed in the second quarter of 2026.

For further information please contact:

Pilvimaari Strömberg, Communications manager, Skanska Finland, tel +358 40 519 4787

Andreas Joons, Press Officer, Skanska Group, tel +46 (0)10 449 04 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 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.

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