Norconsult awarded contract with Svenska kraftnät

Sandvika, 2 July 2025 (OSE: NORCO) Norconsult has been awarded a contract by Svenska kraftnät, the Swedish transmission system operator, to deliver detailed design for the 400 kV power line between Vattjom and Njutånger.

Svenska kraftnät is the authority responsible for ensuring that Sweden's transmission system for electricity is safe, environmentally sound and cost-effective.

The project includes detailed design of two air-insulated 400 kV transmission lines spanning approximately 90 kilometers, located in the Västernorrland and Gävleborg regions. The purpose of the project is to enable increased electricity production to be connected to the national grid and to transport electricity to major consumption areas. The project is part of Svenska kraftnät’s Nordsyd program.

“This is a major project for Norconsult, and our experts are looking forward to collaborate closely with Svenska kraftnät on this important assignment. As both electricity production and consumption increase, a robust 400 kV transmission grid is essential for the green transition. Norconsult is proud to contribute to the realisation of the Nordsyd program in Sweden,” says Farah Al-Aieshy, EVP Sweden at Norconsult.

The estimated value of the contract is approximately SEK 60 million (NOK 64 million).

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For further information, please contact:

Investors: Christian Salbu Aasland, SVP Investor Relations & Business Intelligence, IR@norconsult.com

Media: Henrik Charlesen, Senior Communication Advisor, Henrik.Charlesen@norconsult.com

About Norconsult

Norconsult is a leading pan-Nordic interdisciplinary consulting firm combining engineering, architecture and digital expertise across projects of all sizes, for private and public clients in infrastructure, energy and industry, buildings and architecture. Headquartered in Sandvika, Norway, Norconsult’s delivery model is centred around knowledge hubs and local presence through approximately 6,600 employees across more than 140 offices in Norway, Sweden, Denmark, Iceland, Poland and Finland.