Skanska upgrades and builds hydroelectric power plant tunnels in Suldal, Norway, for NOK 476M, about SEK 450M

Skanska has signed a contract with Statkraft for upgrading an existing water tunnel and construction of a new access tunnel at Saurland hydroelectric power plant in the municipality of Suldal, Rogaland County, Norway. The contract is worth NOK 476M, about SEK 450M, which will be included in the Nordic order bookings for the second quarter of 2025.

Saurdal hydroelectric power plant uses water from the Blåsjø reservoir to produce more than 1400 GWh of electricity annually. The tunnel connecting the power plant with the reservoir is 10km long and Skanska will upgrade and reinforce the existing tunnel, as well as constructing a new 2km long access tunnel.

Saurland power plant has been in operation since 1985 and the work carried out by Skanska will enhance the operational reliability and reduce water loss, ensuring efficient and steady energy production for years to come.

Construction will begin in June 2025 and be completed in June 2028.

For further information please contact:

Christopher Griffiths, Communications, Skanska Norway, +47 93 03 35 42

Andreas Joons, Press Officer, Skanska AB, 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.

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