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An announcement from Skanska AB ( ($SE:SKA.B) ) is now available.
Skanska has secured a USD 164 million contract for a data center project in Western USA, which will be included in the company’s US order bookings for the second quarter of 2025. The project involves a 33,400 square meter, 36-megawatt tenant improvement within an existing building, expected to be completed in phases by June 2027, enhancing Skanska’s presence in the data center construction sector.
More about Skanska AB
Skanska Group is one of the world’s largest construction and project development companies, with 2024 revenue totaling SEK 177 billion. The company operates in select markets across the Nordics, Europe, and the USA, focusing on creating innovative and sustainable solutions that support healthy living.
Average Trading Volume: 767,195
Current Market Cap: SEK93.25B
For detailed information about SKA.B stock, go to TipRanks’ Stock Analysis page.