10 Mar 2023 08:25 CET

Issuer

Scana ASA

Bergen, 10 March 2023: Scana-owned PSW Power & Automation and Trans Construction
(ATC) have secured a contract for another delivery of E-house modules. The
delivery involves design, manufacture, and assembly of two E-House modules for
an international offshore project. The E-house modules will be part of an
emergency power system.

This is a sizeable contract for the company. The contract has a value of approx.
NOK 50 million.
The project will start immediately with delivery Q1-2024.

“Our investment in multi-discipline engineering capacity and expertise in
demanding assembly processes has given us a good position in a growing market.
This contract makes an important contribution to our order backlog for 2023/24”,
says Eirik Sørensen, Managing Director PSW Power & Automation


(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.

For more information, please contact:

Oddbjørn Haukøy, interim CEO, Scana ASA, +47 911 71 914
Eirik Sørensen, Managing Director PSW Power & Automation +47 936 78 233
Anders Sandberg, Managing Director, Trans Construction, +47 976 61 413

PSW Power & Automation in brief
PSW Power & Automation delivers complete solutions within electrification and
renewable energy. The company specializes in the design and integration of
electrical power systems, electrical infrastructure, energy storage systems and
control systems. www.pswpower.no

Trans Construction in brief
Trans Construction AS is a leading EPC contractor providing standardized and
customized E-House modules, for a wide range of offshore and onshore projects.
The company specializes in design and construction of complex E-house solutions
with multidiscipline engineering, fabrication, installation, and testing. The
company is a 100% subsidiary to PSW Power & Automation www.atcno.com/nb/


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