Skanska constructs power plant in the Midwest, USA, for USD 78 M, about SEK 510 M
ET | Source:Skanska AB
Skanska has signed an engineering, procurement and construction contract for a
co-generation plant with an existing power client in the Midwest region of the
United States. The total project value is USD 127 M, about SEK 825 M. Skanska
will include its 60 percent share of the project value, USD 78 M, about SEK 510
M, in order bookings for Skanska USA Civil for the third quarter of 2014.
The project, which is a Skanska-led joint venture with Burns & McDonnell,
includes the engineering, procurement and construction of a new gas turbine for
power generation and a heat recovery steam generator for steam production.
Work commenced in June 2014 with anticipated completion in July 2017.
Skanska USA is one of the leading development and construction companies in the
country, consisting of four business units: Skanska USA Building, which
specializes in building construction; Skanska USA Civil, specialized in civil
infrastructure; Skanska Infrastructure Development North America, which develops
public-private partnerships; and Skanska USA Commercial Development, which
develops commercial projects in select U.S. markets. Headquartered in New York,
Skanska USA has more than 9,600 employees and its 2013 revenues were SEK 43.5
For further information, please contact:
Shelby Adams, Director of Communications, Skanska USA, tel + 1 972 281 6451
Edvard Lind, Head of Media Relations, Skanska AB, tel +46 (0)10-448 88 08
Direct line for media: tel +46 (0)10 448 88 99
This and previous releases can also be found at www.skanska.com
Skanska AB may be required to disclose the information provided herein pursuant
to the Securities Markets Act.
Skanska is one of the world’s leading project development and construction
groups with expertise in construction, development of commercial and residential
projects and public-private partnerships. Based on its global green experience,
Skanska aims to be the clients' first choice for Green solutions. The Group
currently has 57,000 employees in selected home markets in Europe, in the US and
Headquartered in Stockholm, Sweden and listed on the Stockholm Stock Exchange,
Skanska's sales in 2013 totaled SEK 136 billion.
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