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Skanska signs supplemental award for data center in Georgia, USA, for USD 80M, about SEK 840M

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Skanska has received a supplemental award worth USD 80M (SEK 840M) to construct four additional data halls at an existing data center site in Georgia, USA. This award will be included in the US order bookings for the third quarter of 2024. The project is already underway and is scheduled for completion in the third quarter of 2025. This supplemental award comes from an existing client, expanding upon a previous data center project in Georgia.

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Positive

  • Secured a supplemental award worth USD 80M (SEK 840M)
  • Expansion of existing project indicates client satisfaction and trust
  • Project contributes to order bookings for Q3 2024
  • Strengthens Skanska's position in the data center construction market

Negative

  • None.

News Market Reaction – SKBSY

+0.22%
1 alert
+0.22% News Effect

On the day this news was published, SKBSY gained 0.22%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

STOCKHOLM, Oct. 2, 2024 /PRNewswire/ -- Skanska has received a supplemental award with an existing client to build additional data halls at a data center in Georgia, USA. The supplemental award is worth USD 80M, about SEK 840M, which will be included in the US order bookings for the third quarter of 2024.

The project is the construction of four additional data halls on a previous data center site in Georgia.

Work is underway and is scheduled for completion in the third quarter of 2025.

For further information please contact:

Ashley Jeffery, Communications Mgr, Skanska USA Building, tel +1 813 459 3682

Andreas Joons, Press Officer, Skanska AB, tel +46 (0)10 449 04 94

Direct line for media, tel +46 (0)10 448 88 99

This and previous releases can also be found at www.skanska.com.

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/skanska/r/skanska-signs-supplemental-award-for-data-center-in-georgia--usa--for-usd-80m--about-sek-840m,c4045660

The following files are available for download:

https://mb.cision.com/Main/95/4045660/3033638.pdf

20241002 US data center addition

 

FAQ

What is the value of Skanska's new data center contract in Georgia, USA?

Skanska has received a supplemental award worth USD 80M (about SEK 840M) for additional data hall construction at a data center in Georgia, USA.

When will Skanska's new data center project in Georgia be completed?

The data center project in Georgia, USA, is scheduled for completion in the third quarter of 2025.

How many new data halls will Skanska construct in the Georgia data center project?

Skanska will construct four additional data halls at the existing data center site in Georgia, USA.

When will the new Georgia data center contract be included in Skanska's (SKBSY) order bookings?

The USD 80M contract will be included in Skanska's US order bookings for the third quarter of 2024.
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