Veidekke ASA: Veidekke to build wind farm in Berlevåg

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Veidekke Entreprenør AS has been commissioned by Varanger Kraft to build infrastructure, foundations and a transformer building for the Raggovidda wind farm in Finnmark. The value of the contract is NOK 120 million excluding VAT.

Veidekke will design and build infrastructure for the facility, which includes a 9 km access road to the wind farm, about 12 km of internal roads, parking spaces, cable trenches and foundations for 15 wind turbines. In addition, Veidekke will build a transformer building approximately 300 m² in size.

"We are very pleased with winning this contract. We have just handed over Lista Vindkraftverk to Fred Olsen Renewables, so this allows us to further utilize the expertise we have acquired. Wind farms are an exciting area that we want to pursue, and green energy is something we want to work with," says project manager Kjell Skjølingstad of Veidekke.

The 15 wind turbines will produce up to 45 MW (megawatts) installed capacity, equivalent to the annual electricity consumption of 9,500 households. Veidekke is currently starting planning, and construction work in Berlevåg will start in June. The wind farm will be completed in late autumn 2014.

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For more information please contact:
Site Manager Stål Pedersen, Veidekke Entreprenør AS, tel. +47 993 67 466, stal.pedersen@veidekke.no
Project Manager Kjell Skjølingstad, Veidekke Entreprenør AS, tel. +47 934 60 094, kjell.skjolingstad@veidekke.no
Communications Manager Helge Dieset, Veidekke ASA, tel. +47 905 53 322, helge.dieset@veidekke.no
Managing Director Kjell Eliassen, Varanger Kraft, tel. +47 982 88 006, kjell.eliassen@varanger-kraft.no

Veidekke is one of Scandinavia's leading contractors and property developers with a turnover of 20 billion (2012) and 6,300 employees. Activities include building and construction projects, residential developments, asphalt plants, gravel and aggregates and road maintenance. Our values are professional, honest, enthusiastic and pioneering. Our goals for health, safety and the environment, HSE, have equal status with our financial goals. Veidekke is characterised by a strong corporate culture with employee involvement and co-ownership as important cornerstones. More than half of the employees are co-owners, holding around 20% of the Group's shares between them. The company is listed on the Oslo Stock Exchange and has never declared a loss since it was founded in 1936.

 

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

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