Eltel Wins Key Grid Contract for Hyperco’s New Finnish Data Center

An update from Eltel AB ( (SE:ELTEL) ) is now available.

Eltel AB, a leading Nordic provider of services for critical communication and power infrastructure and renewable energy, operates across the Nordics, Germany and Lithuania with about 4,000 employees and reported EUR 817.8 million in net sales in 2025. The company focuses on enabling digitalization and electrification through turnkey solutions and network services, and its shares are listed on Nasdaq Stockholm.

Eltel has secured a contract to deliver the grid connection for Hyperco’s new data center in Lohja, Finland, including a turnkey 110 kV substation and cabling linking the facility to the national transmission grid, with the project running until the end of 2027. The deal underlines Eltel’s strategic role in Europe’s fast-growing data center market, as Finland attracts more investments thanks to its cool climate, reliable energy infrastructure, extensive fibre connectivity and stable operating environment.

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 AB is a Nordic-based service provider specializing in critical infrastructure for communication and power networks, as well as renewable energy solutions. With around 4,000 employees across the Nordics, Germany and Lithuania, the company delivers services and turnkey solutions that support digitalization and electrification, generating EUR 817.8 million in net sales in 2025. Eltel is headquartered in Sweden and its shares trade on Nasdaq Stockholm.

Average Trading Volume: 29,698

Technical Sentiment Signal: Sell

Current Market Cap: SEK1.31B

See more insights into ELTEL stock on TipRanks’ Stock Analysis page.