Instalco wins SEK 130 million HVAC contract for Sturekvarteret redevelopment in central Stockholm

Instalco AB ( (SE:INSTAL) ) has provided an update.

Instalco’s subsidiary LG Contracting has secured a SEK 130 million contract for heating and plumbing installations in the extensive renovation and redevelopment of Sturekvarteret around Stureplan in central Stockholm. The project, commissioned by Peab and Sturegallerian AB, covers the Sturegallerian shopping center with its retail, office and residential premises and involves integrating modern, energy‑efficient systems into historically significant buildings. LG Contracting will deliver a technologically advanced substation and a hybrid heating solution combining district heating and heat pumps, with cooling provided through free cooling tied to the district cooling network, using both visible and concealed installations to respect the site’s architecture. Sustainability, reuse and historical conservation are central to the assignment, which has already begun and is scheduled for completion in 2027, underscoring Instalco’s role in complex, high‑profile urban redevelopment projects in the Nordics.

The most recent analyst rating on (SE:INSTAL) stock is a Hold with a SEK27.00 price target. To see the full list of analyst forecasts on Instalco AB stock, see the SE:INSTAL Stock Forecast page.

More about Instalco AB

Instalco is one of Northern Europe’s leading installation companies, providing electrical, heating and plumbing, ventilation, industrial solutions and technical consulting. The group delivers system design, installation, and service and maintenance for buildings and facilities across Sweden, Norway, Finland and Germany through more than 150 subsidiaries, and its shares are listed on Nasdaq Stockholm under the ticker INSTAL.

Average Trading Volume: 423,150

Technical Sentiment Signal: Sell

Current Market Cap: SEK7.13B

See more data about INSTAL stock on TipRanks’ Stock Analysis page.