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Skanska Secures $164M Data Center Project in the USA

Skanska Secures $164M Data Center Project in the USA

Skanska Partners with Client for Major Data Center Project

Skanska has recently entered into a significant contract with a long-standing client for a large-scale data center project in the USA. The value of this contract is approximately USD 164 million, or around SEK 1.7 billion, and it will contribute to the company's order bookings in the upcoming quarters.

Details of the Project

The data center will cover an expansive area of 33,400 square meters (360,000 square feet) and will include a substantial load capacity of 36 megawatts. This project is to be developed within the existing structural framework as part of a major tenant improvement project that will be executed in four phases.

Timeline and Execution Strategy

Construction is slated to commence in the near future, with work beginning in June. The entire project is anticipated to be completed by June 2027. The phased approach will allow for a systematic development of the facility while ensuring minimal disruption to operations.

Skanska's Commitment to Excellence

Skanska is recognized for its strong commitment to quality, sustainability, and innovation within the construction industry. This data center project further establishes Skanska's position as a leader in constructing high-tech facilities that cater to the growing demands of the digital economy.

Communication and Contact Information

For further inquiries about this project, stakeholders and interested parties can reach out to:

Daniela Arellano, Communications Director, Skanska USA, tel +1 -213-317-4977.

Andreas Joons, Press Officer, Skanska AB, tel +46 76 870 75 51.

Additionally, there is a direct media line available at tel +46 (0)10 448 88 99 for any press-related questions. While the details of this project are exciting, they form part of Skanska's broader operational excellence in managing complex constructions worldwide, as they continue to meet the needs of a rapidly advancing technology sector.

Frequently Asked Questions

What is the total value of the Skanska project?

The total value of the Skanska project is USD 164 million.

When is the construction of the data center expected to start?

Construction of the data center is expected to begin in June 2025.

What is the estimated completion date for the project?

The project is anticipated to be completed by June 2027.

How large is the data center facility?

The facility will cover an area of 33,400 square meters (360,000 square feet).

Who can be contacted for more information regarding the project?

Daniela Arellano and Andreas Joons are the main points of contact for inquiries related to the project.

About The Author

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The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.

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