Skanska to update UK electricity network for about SEK 1.3 billion (GBP 100 M)

Skanska has been awarded a contract to support the upgrading and renewal of the UK’s electricity transmission network. Skanska’s share of the five-year contract is valued at around GBP 100 M, about SEK 1.3 billion, of which GBP 40 M, SEK 540 M, is being included in order bookings for the fourth quarter. The customer is National Grid.