Skanska to build central utility plant in California for USD 181 M, about SEK 1.2 billion

Skanska has been awarded a design-build contract for a central utility plant in Sacramento, California. The contract amount is USD 181 M, about SEK 1,240 M, which is included in order bookings for the fourth quarter of 2007. The customer is the State of California.

The design-build contract involves an extensive renovation of a 7,000-square-meter service and operations building. The plant serves multiple State of California office buildings located in downtown Sacramento, the state capital.

The project also encompasses measures for energy savings, including a thermal-energy storage tank.

The project starts immediately and is scheduled to be completed in April 2010.

Skanska is involved in a number of notable construction projects in the Bay Area, including a new seven-story surgical hospital at the Modesto Memorial Medical Center, which was completed in June of this year, and the 13,000-square-meter patient tower at the San Jose Regional Medical Center.

Skanska USA Civil also has operations in California.

Skanska USA Building is a leading provider of construction, pre-construction consulting, general contracting and design-build services in the U.S. to a broad range of industries, including life sciences, healthcare, education, high-tech, aviation, transportation and sports and entertainment. Skanska USA Building also provides pharmaceutical validation services to clients. The company is headquartered in Parsippany, New Jersey, and has approximately 3,900 employees. Sales in 2006 amounted to about SEK 30 billion.


For further information, contact:

Tom Crane, Senior Vice President Communication,
Skanska USA Building, tel +1 973 753 3450
Peter Gimbe, Press Officer, Skanska AB, tel +46 8 753 88 38
Direct line for the media: +46 8 753 88 99