AF Gruppen Secures Major Contract for Sustainable Power Project at Port of Gothenburg

The latest announcement is out from AF Gruppen ASA ( (AGRUF) ).

AF Bygg Väst, part of AF Gruppen Sweden, has secured a SEK 129 million contract from the Port of Gothenburg to build a new power station in Skandiahamnen. This project, essential for the port’s compliance with future onshore power supply regulations, aims to reduce shipping emissions and marks AF Gruppen’s first collaboration with the Port of Gothenburg, with construction starting in 2025 and completion expected by March 2027.

The most recent analyst rating on (AGRUF) stock is a Hold with a NOK135.00 price target. To see the full list of analyst forecasts on AF Gruppen ASA stock, see the AGRUF Stock Forecast page.

More about AF Gruppen ASA

AF Gruppen ASA is a prominent construction and civil engineering company operating in Sweden, known for its comprehensive services in building, civil engineering, and environmental projects. The company focuses on sustainable development and infrastructure projects, contributing significantly to the construction industry.

Average Trading Volume: 30,984

Current Market Cap: NOK16.34B

For a thorough assessment of AGRUF stock, go to TipRanks’ Stock Analysis page.