21 Nov 2022 13:32 CET

Issuer

Scana ASA

Bergen, 21.November 2022: Scana-owned Trans Construction (ATC) has secured a
contract with Pon Power AS* for delivery of 3 x container-modules for generator
sets. The delivery includes design and fabrication, as well as installation of
client supplied equipment. The project is now in engineering phase and delivery
is scheduled to Q3 2023. This is a sizeable (1) contract for the company.

“We are very happy to continue our long-term partnership with Pon Power AS. This
project secures work for our full value chain, with project management,
engineering, and outfitting in our workshop,” says Anders Sandberg, Managing
Director in ATC.

“We experience a great growth of demand of our products and systems within
electrification and module-based units both in Norway and internationally. After
the acquisition of ATC earlier this year we see great synergies between ATC and
PSW Power & Automation. We also see opportunities to take a larger position in
the market the coming years,” says Styrk Bekkenes, CEO in Scana ASA.

(1) A sizeable contract is defined to be between NOK 10 million and NOK 50
million.
(2) A substantial contract is over NOK 50 million.

*Pon Power AS is the sole distributor of CAT power solutions in Norway.

For more information, please contact:
Styrk Bekkenes, CEO, Scana ASA, +47 404 03 520
Anders Sandberg, Managing Director, Trans Construction AS, +47 976 61 413

Trans Construction in brief
Trans Construction AS (ATC) is a leading EPC contractor providing standard and
customized containers / module solutions, as well as other types of welded
constructions, for a wide range of offshore and onshore projects. Our services
range from supplying containers, outfitted to our customer’s specific
requirements, to the design and construction of complex modules delivered as
turnkey solutions with multidiscipline engineering, fabrication, installation,
and testing. www.atcno.com/


Scana in brief
Scana is a listed industrial owner company in the ocean industries creating
value through active ownership in market-leading portfolio companies. Our vision
is to accelerate decarbonisation of the maritime and offshore sector by being a
driving force in electrification and emission reduction solutions. Scana’s
portfolio companies have a solid innovation and commercialisation history based
on core competence in selected niches. Scana is headquartered in Bergen and has
around 350 employees. www.scana.no


Source

Scana ASA

Provider

Oslo Børs Newspoint

Company Name

SCANA

ISIN

NO0003053308

Symbol

SCANA

Market

Oslo Børs