Netel’s subsidiary Oppunda Kraftkonsult has signed a framework agreement for contracting covering power network connections with Vattenfall Eldistribution.

The agreement covers northeastern Götaland and runs for two years with the possibility of extension. The value of the order is estimated at approximately SEK 40 million.

“We are very happy about Vattenfall’s trust,” says Jeanette Reuterskiöld, President and CEO of Netel. “We are proud to be involved in ensuring a well-functioning power system so that the electrification of society can continue and greenhouse gas emissions can be reduced.”

About us

With over 20 years of experience, Netel is a leader in the development and maintenance of critical infrastructure within Infraservices, Power and Telecom in Northern Europe. We are involved in the entire value chain from design, production and maintenance of our customers' facilities. We are dedicated to securing an accessible and reliable future, where technology unites and transforms society. Netel reported net sales of SEK 3,500 million in 2023 and the number of employees in the group is about 860. Netel is listed on Nasdaq Stockholm since 2021. Read more at netelgroup.com.

Contacts

Jeanette Reuterskiöld, President and CEO, +46 (0) 702 28 03 89, jeanette.reuterskiold@netel.se
Fredrik Helenius, CFO, +46 (0) 730 85 52 86, fredrik.helenius@netel.se
Åse Lindskog, IR, +46 (0) 730 24 48 72, ase.lindskog@netelgroup.com

Attachments

Netel signs framework agreement with Vattenfall Eldistribution