Skanska builds data center in Arizona, USA, for USD 241M, about SEK 2.5 billion
Rhea-AI Summary
Skanska has secured a USD 241 million (approximately SEK 2.5 billion) contract to construct a data center in Arizona, USA. This agreement, signed with an existing client, will be included in the US order bookings for the third quarter of 2024. The project involves building a single-story data center spanning about 22,800 square meters (245,000 square feet).
Construction has already begun, with completion scheduled for the third quarter of 2026. This significant project demonstrates Skanska's continued growth in the data center construction sector and strengthens its position in the US market.
Positive
- Secured a large contract worth USD 241 million
- Project adds to US order bookings for Q3 2024
- Continuation of business with an existing client
- Expansion in the growing data center construction sector
Negative
- None.
News Market Reaction – SKBSY
In the trading session that priced this news, SKBSY gained 0.22%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
STOCKHOLM, Oct. 2, 2024 /PRNewswire/ -- Skanska has signed a contract with an existing client to build a data center in Arizona, USA. The contract is worth USD 241M, about SEK 2.5 billion, which will be included in the US order bookings for the third quarter of 2024.
The project consists of a single-story data center, totalling approximately 22,800 square meters (245,000 square feet).
Work is underway and is scheduled for completion in the third quarter of 2026.
For further information please contact:
Daniela Arellano, Communications Director, Skanska USA, tel +1 213-317-4977
Andreas Joons, Press Officer, Skanska Group, tel +46 76 870 75 51
Direct line for media, tel +46 (0)10 448 88 99
This and previous releases can also be found at www.skanska.com.
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20241002 US data center Arizona |