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Skanska signs power plant construction contract in Indiana, USA, worth USD 101 M, about SEK 650 M

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Skanska has signed a construction contract with an existing electric power client. The contract is worth USD 101 M, about SEK 650 M, in order bookings for Skanska USA Civil for the second quarter 2013. 

Skanska Industrial contractors will perform structural and mechanical installation on an environmental compliance project. The contract includes structural steel, ductwork, piping and electric cabling. Skanska is currently completing the construction of a pedestrian tunnel on the same campus.

Work will commence in April 2013, with anticipated completion in July 2015.

Skanska USA is one of the leading development and construction companies in the country, consisting of four business units: Skanska USA Building, which specializes in building construction; Skanska USA Civil, specialized in civil infrastructure; Skanska Infrastructure Development, which develops public-private partnerships; and Skanska Commercial Development, which develops commercial projects in select U.S. markets. Headquartered in New York, Skanska USA has approximately 8,300 employees and its 2012 revenues were SEK 37.3 billion.

For further information, please contact:

Shelby Adams, Communications Director, Skanska USA, tel + 1 615 656 6916

Edvard Lind, Group Press Officer, Skanska AB, tel: +46 (0)10-448 88 08

Direct line for media: +46 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.

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