Skanska has received multiple contracts in Scandinavia, comprising construction and redevelopment projects.
In Norway, Skanska has signed a contract with Statkraft, a hydropower company, for the upgrade of an existing water tunnel and the building of a new 2km-long access tunnel at the Saurdal hydroelectric power plant.
The contract, valued at Nkr476m ($45.8m), will be included in the company's Nordic order bookings for the second quarter (Q2) of 2025.
The Saurdal plant, operational since 1985, generates more than 1,400GWh of electricity annually. Skanska's work will enhance operational reliability and reduce water loss, supporting more reliable energy production at the site.
Construction work will commence this June and is set for completion in June 2028.
In Sweden, meanwhile, Skanska reached an agreement with the state-owned Specialfastigheter body to complete three new buildings and associated groundwork at the Skogome prison in Gothenburg.
The project, estimated at around Skr300m, follows the bankruptcy of the previous contractor.
The new buildings will cover an area of around 12,000m². Construction is set to start immediately, with completion expected by mid-2026.
This project will be registered in Skanska's Swedish order bookings for Q2 2025.
Additionally, Skanska has been commissioned by Swedish real-estate company AMF Fastigheter to redevelop the Marievik 24 property in Stockholm.
The Skr440m project will see the expansion of an office building with two wooden floors featuring green roofs and solar cells, reflecting a commitment to sustainability and recycling.
This redevelopment, covering a gross area of approximately 14,000m², is the first to be classified under NollCO2 ombyggnad version 2.0.
Construction is scheduled to begin in Q2 2025, with completion anticipated in Q3 2027.
Earlier this month, Skanska also signed a contract with the Swedish Transport Administration for the second phase of the Lundbyleden project in Gothenburg, which includes groundwork and civil works for roads, railways, and bridges.
