CGI selected by Svenska kraftnät to drive digital transformation of critical national infrastructure

Rhea-AI Summary

CGI (GIB / GIB.A) was selected by Svenska kraftnät under a new multi-year framework agreement to deliver IT consulting across architecture, leadership, and security to modernize Sweden's electricity transmission.

Svenska kraftnät manages ~16,000 km of power lines and ~175 stations and has planned investments of SEK 210 billion through 2035. CGI said it will deploy its AgileDX™ platform for central data integration and leverage local and global teams to support resilience, security, and future readiness of Sweden's grid.

Positive

• Multi-year framework with Svenska kraftnät announced Oct 8, 2025
• Svenska kraftnät plans SEK 210 billion investments through 2035
• CGI to deploy AgileDX™ for central energy data integration
• Reinforces CGI leadership in Sweden Energy & Utilities consulting

Negative

• Project scope faces substantial challenges from escalating energy demand
• Energy transition coordination with Nordic and European partners adds complexity

News Market Reaction

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+0.51% News Effect

On the day this news was published, GIB gained 0.51%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Stock symbols
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Securing and modernizing Sweden's power grid to meet present and future demands

STOCKHOLM, Oct. 8, 2025 /PRNewswire/ - CGI (TSX: GIB.A) (NYSE: GIB), one of the largest independent IT and business consulting services firms in the world, has been selected by Svenska kraftnät (the Swedish national transmission system operator) for a new multi-year framework agreement. The agreement covers the delivery of IT consulting services in areas including architecture, leadership, and security – vital capabilities for enhancing Sweden's electricity transmission capacity and building a resilient energy infrastructure.

"Contributing to reinforcing the digital foundation of one of Sweden's most critical public infrastructures is both a responsibility and an opportunity we embrace fully. We look forward to collaborating with Svenska kraftnät to develop solutions that not only meet today's demands but also shape tomorrow's energy infrastructure," says Rakesh Kapoor, Senior Vice-President and Business Unit Leader for CGI in Stockholm and Central Sweden. "By combining our global expertise with a strong local presence, we aim to help build an energy system that is even more secure, accessible, and future‑ready."

Svenska kraftnät manages and develops Sweden's national electricity transmission grid, which includes approximately 16,000 km of power lines, around 175 transformer and switching stations, and several critical international interconnections. With planned investments totaling SEK 210 billion through 2035, the agency plays a pivotal role in ensuring a robust, sustainable, and competitive power system. The scope of this mission presents substantial challenges – from meeting escalating energy demand to driving the energy transition in close coordination with Nordic and European partners.

With this agreement, CGI reinforces its leading position in Sweden's Energy & Utilities sector – both in consulting services and system solutions. Notably, CGI has deployed its proprietary AgileDX™ platform for central data integration across several European electricity markets – offering an efficient, secure, and scalable solution for managing energy data between stakeholders. The company also brings deep experience in aiding government agencies, public entities, and private sector clients in the energy field with digitalization, information security, and technological transformation initiatives.

About CGI

Founded in 1976, CGI is among the largest independent IT and business consulting services firms in the world. With 93,000 consultants and professionals across the globe, CGI delivers an end-to-end portfolio of capabilities, from strategic IT and business consulting to systems integration, managed IT and business process services and intellectual property solutions. CGI works with clients through a local relationship model complemented by a global delivery network that helps clients digitally transform their organizations and accelerate results. CGI Fiscal 2024 reported revenue is CA$14.68 billion and CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB). Learn more at cgi.com.

View original content:https://www.prnewswire.com/news-releases/cgi-selected-by-svenska-kraftnat-to-drive-digital-transformation-of-critical-national-infrastructure-302577563.html

SOURCE CGI Inc.

FAQ

What did CGI announce on October 8, 2025 regarding Svenska kraftnät (GIB)?

CGI announced a multi-year framework agreement to provide IT consulting in architecture, leadership, and security for Svenska kraftnät.

How large are Svenska kraftnät's planned investments tied to the CGI agreement?

Svenska kraftnät has planned investments totaling SEK 210 billion through 2035, as stated in the announcement.

What technology will CGI use to support Sweden's grid under the GIB agreement?

CGI will offer its proprietary AgileDX™ platform for central data integration across electricity markets.

Does the CGI deal affect Sweden's transmission infrastructure scale metrics?

Yes; Svenska kraftnät manages about 16,000 km of power lines and roughly 175 transformer and switching stations.

How might the CGI contract impact GIB's position in Sweden's energy sector?

The agreement reinforces CGI's leading position in Sweden's Energy & Utilities consulting and system solutions.

What are the main challenges noted for the CGI–Svenska kraftnät project?

The announcement cites challenges from rising energy demand and the need for close coordination during the energy transition with Nordic and European partners.