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The latest update is out from Eltel AB ( (SE:ELTEL) ).
Eltel AB has secured a EUR 16 million contract to construct grid connections for Hyperco’s new Data Center in Kouvola, Finland. The project involves the turnkey delivery of a 110 kV substation and cabling, with construction starting in summer 2025 and completion expected in 2026. This contract highlights Eltel’s expertise in integrating power and communication services, reinforcing its position in the critical infrastructure sector.
More about Eltel AB
Eltel is a leading service provider for critical infrastructure in the Nordics, specializing in communication and power networks, as well as renewable energy solutions. With a workforce of 4,500 employees across the Nordics, Germany, and Lithuania, Eltel supports the digitalization and electrification of society. Headquartered in Sweden, the company is listed on Nasdaq Stockholm and reported total net sales of EUR 828.7 million in 2024.
Average Trading Volume: 50,056
Current Market Cap: SEK1.47B
For detailed information about ELTEL stock, go to TipRanks’ Stock Analysis page.