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Norwegian Statnett Commissions Peab for Construction of Three Substations

Peab has been contracted to perform ground- and construction work in three substations in Nord-Trøndelag and Nordland in Norway. The customer is Statnett and the contract amounts to approximately SEK 112 million.

The assignment includes stations Lower Rössåga and Tofors in Nordland and station Tunnsjødal in Nord-Trondelag. The work is expected to begin in April 2015 and will be completed in June 2016. The project will be reported in the first quarter 2015.

Peab is the Nordic Community Builder with some 13,000 employees and net sales exceeding SEK 43 billion. The Group’s subsidiaries have strategically located offices in Sweden, Norway and Finland. The share is listed on NASDAQ OMX Stockholm. The registered office of the Group is at Förslöv, Skåne in south of Sweden.

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