Skanska signs contract to expand thermal power plant in Brazil, worth BRL 169 M, about SEK 540 M

Skanska has been awarded a construction contract to expand a thermal power plant for a confidential client in Brazil. The total amount of the contract is BRL 169 M, about SEK 540 M, which will be included in the order bookings for Skanska LA for the second quarter of 2013. 

Skanska will be responsible for the procurement, construction of the facilities, including civil works, electromechanical installations and commissioning.

Works are scheduled to commence immediately and the project is expected to be completed in the second quarter of 2014.

Skanska Latin America is one of the region’s leading contractors. Operations focus primarily on engineering, construction, operation and maintenance services for the international oil & gas, energy and mining industries. In 2012, with about 13,000 employees, had revenues of about SEK 8.2 billion.

For further information please contact:

Elin Otter, Group Press Officer, Skanska AB, tel +46 (0)10 448 88 61

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

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

Skanska AB may be required to disclose the information provided herein pursuant to the Securities Markets Act.

Skanska is one of the world’s leading project development and construction groups with expertise in construction, development of commercial and residential premises, and public-private partnership projects. Based on its global green experience, Skanska aims to be the client’s first choice for green solutions. The group currently has 57,000 employees in selected home markets in Europe, the US and Latin America. Skanska's sales in 2012 totalled SEK 132 billion.