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Eltel AB ( (SE:ELTEL) ) has provided an announcement.
Eltel AB has secured a EUR 38 million contract to build grid connections for DayOne’s new data center in Lahti, Finland. The project includes the delivery of a 110 kV substation and cabling to the Lahti Energia grid, with completion expected by early 2027. This contract highlights Eltel’s expertise in integrating power and communication services for data centers, reinforcing its position in the data center market with a focus on reliability and sustainability.
The most recent analyst rating on (SE:ELTEL) stock is a Hold with a SEK9.00 price target. To see the full list of analyst forecasts on Eltel AB stock, see the SE:ELTEL Stock Forecast page.
More about Eltel AB
Eltel is a leading service provider for critical infrastructure in the Nordics, with operations also in Germany and Lithuania. The company specializes in services and turnkey solutions for communication and power networks, as well as renewable energy. Eltel is headquartered in Sweden and is listed on Nasdaq Stockholm.
Average Trading Volume: 114,279
Technical Sentiment Signal: Hold
Current Market Cap: SEK1.43B
For detailed information about ELTEL stock, go to TipRanks’ Stock Analysis page.