Skanska builds power plant in New York, USA, for USD 255 M, about SEK 2.1 billion

Skanska has signed a contract with Competitive Power Ventures Holdings (CPV) to
build the new CPV Valley Energy Center in New York. The contract is worth USD
255 M, about SEK 2.1 billion, which will be included in order bookings for
Skanska USA Civil for the second quarter of 2015.
With joint venture partners Burns & McDonnell and Ecco Enterprises, Skanska will
construct the new CPV Valley Energy Center, a natural gas fired combined cycle
power plant in Wawayanda, New York, US. With a gross capacity of almost 675
megawatts, the new power facility will improve energy efficieny in the region
and power more than 600,000 homes.

Construction begins in July and substantial completion is expected in 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 10,000 employees and its 2014 revenues were SEK 43.5
billion.
For further information please contact:

Beth Miller, Communications Director, Skanska USA, tel: +1 917 438 4523

Edvard Lind, Group Press Officer, 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
premises, and public-private partnerships projects. Based on its global green
experience, Skanska aims to be the clients' first choice for Green solutions.
The Group currently has 58,000 employees in selected home markets in Europe and
North America. Skanska's sales in 2014 totaled SEK 145 billion.