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Skanska signs additional contract for a data facility in western USA for USD 65M, about SEK 600M

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Skanska has entered into a significant contract worth USD 65M (approximately SEK 600M) for additional work on a data facility in western USA with an existing client. This contract will be included in the US order bookings for the first quarter of 2022, reflecting ongoing business momentum. The project is currently in progress and is expected to be completed by January 2023.

Positive
  • Contract signed for additional work valued at USD 65M.
  • Work will be included in Q1 2022 US order bookings.
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  • None.

ÖSTERSUND, Sweden, March 2, 2022 /PRNewswire/ -- Skanska has signed a contract with an existing client for additional work on a new data facility in the western USA. The contract is worth USD 65M, about SEK 600M, which will be included in the US order bookings for the first quarter 2022.

The work is underway and is slated for completion in January 2023.

For further information please contact:

Mia Walton, VP Head of Communications, Skanska USA Building, tel + 1 240 672 1789
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.

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/skanska/r/skanska-signs-additional-contract-for-a-data-facility-in-western-usa-for-usd-65m--about-sek-600m,c3517117

The following files are available for download:

https://mb.cision.com/Main/95/3517117/1543024.pdf

20220302 US data facility

Cision View original content:https://www.prnewswire.com/news-releases/skanska-signs-additional-contract-for-a-data-facility-in-western-usa-for-usd-65m-about-sek-600m-301493653.html

SOURCE Skanska

FAQ

What is the value of Skanska's new contract for the data facility in the USA?

The contract is valued at USD 65M.

When is the expected completion date for Skanska's data facility project?

The project is expected to be completed by January 2023.

How will Skanska's new contract affect its order bookings?

The contract will be included in Skanska's US order bookings for Q1 2022.

What type of facility is Skanska working on in the USA?

Skanska is working on a data facility in western USA.

SKANSKA AB S/ADR

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