Skanska signs additional contract for the expansion of NKT’s cable factory in Karlskrona, Sweden, for about SEK 300M
21 December 2023
Skanska has signed an additional contract with NKT HV Cables AB regarding time-critical work with foundation and framework. The contract is worth SEK 300M, which will be included in the order bookings for Sweden in the fourth quarter, 2023.
The existing collaboration agreement between the parties is now supplemented with another contract linked to time-critical work such as foundation and structural work.
Danish NKT is a leading manufacturer of high-voltage cables. High-voltage cables are an enabler for increased installation of renewable energy sources and an important part of the green transition both in Sweden and abroad. NKT’s investment will contribute to Europe’s ability to develop the distribution of renewable energy sources and increase technological development in Blekinge and Sweden.
Related
-
Poland seeks delivery partner for new international airport
27 July 2025
-
Masdar, Iberdrola achieve financial close for $6.1bln East Anglia THREE Offshore wind project
25 July 2025
-
Burkina Faso set for 150 MW solar-plus-storage project
24 July 2025
-
Iraq’s Basra governorate awards mega desalination project to Sino-Iraqi consortium
23 July 2025
-
French, Chinese JV to set up French lithium-ion battery plant
23 July 2025
-
L&T Energy GreenTech to establish India’s largest green hydrogen plant
23 July 2025