Veidekke ASA: Wins major construction contract for Borås Energi

Veidekke ASA: Wins major construction contract for Borås Energi

ID: 466160

(Thomson Reuters ONE) -


Veidekke has been awarded the contract by Borås Energi to lay pipes, among other
things, for a new power plant south of Borås in south-west Sweden. The contract
is a collaborative turnkey contract valued at approx. SEK 400 million excluding
VAT.

Veidekke will build a new power plant, treatment plant and extension, and adapt
the existing biogas plant. Additionally, Veidekke will carry out groundwork and
lay pipes for drainage water, drinking water and district heating. The project
is being built in connection with the waste plant at Sobacken, seven kilometres
south of Borås.

"It is with great satisfaction that we will undertake this project in
collaboration with Veidekke, which is a competent partner that emphasizes the
environment, relations and economy," says CEO Gunnar Peters of Borås Energi.

"We are very pleased to have won this contract with the requirements Borås
Energi og Miljø imposed with regard to economy, organization and experience from
similar large and complex projects. This is a collaborative contract, which is
something we support very strongly as it imposes high demands on the involvement
of all parties in the project," says regional manager Peter Svenningsson with
Veidekke Anläggning.

Planning work starts immediately, and the project is scheduled for completion in
the summer of 2018.



For press photos, see www.flickr.com/photos/veidekke, for more information,
contact:
Regional manager Peter Svenningsson, Veidekke Anläggning, tel.
+46 76 12 64 019, peter.svenningsson(at)veidekke.se
Works manager Fredrik Indevall, Veidekke Anläggning, tel. +46 76 12 64 043,
fredrik.indevall(at)veidekke.se
Communications Manager Helge Dieset, Veidekke ASA, tel. +47 90 55 33 22,
helge.dieset(at)veidekke.no



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Veidekke is one of Scandinavia's largest construction and property development




companies. The company undertakes all types of building and construction
contracts, maintains roads and produces asphalt and aggregates. The company's
operations are characterised by involvement and local knowledge. Revenue is NOK
24.5 billion (2015), and half of the 7,000 employees own shares in the company.
Veidekke is listed on the Oslo Stock Exchange and has always posted a profit
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.



This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Veidekke ASA via GlobeNewswire
[HUG#2006406]




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Bereitgestellt von Benutzer: hugin
Datum: 25.04.2016 - 13:37 Uhr
Sprache: Deutsch
News-ID 466160
Anzahl Zeichen: 3233

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