Skanska to build power plant in the Northeast U.S. for USD 200 M, about SEK 1.4 billion
Skanska has signed a contract with a confidential client for a power plant project located in the Northeast U.S. Skanska’s part of the joint venture is approximately USD 200 M, about SEK 1.4 billion. The order will be included in order bookings for Skanska USA Civil for the third quarter of 2012.
The project is scheduled to be completed in 2015.
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, which develops public-private partnerships; and Skanska Commercial Development, which develops commercial projects in select U.S. markets. Headquartered in New York, Skanska USA has approximately 9,400 employees and its 2011 revenues were SEK 31.3 billion.