07 Nov 2024 15:15 CET

Issuer

AF Gruppen ASA

Reference is made to the stock exchange announcement published on 19.10.2022
stating that AF Gruppen was appointed by the City of Oslo for a partnering
contract for the construction of a new water treatment plant at Huseby in Oslo,
as part of the New Water Supply project. The collaboration has now moved from
development, planning, and design to phase 2, which is detailed design and
construction. The contract is a collaborative contract in an alliance between
the City of Oslo, represented by the Water and Sewage department, the designers
(Multiconsult) and AF Gruppen. The main works are carried out inside the
mountain facility at Huseby.

The works for AF Gruppen include groundwork and concrete work, process plant,
dosing and sludge plant, and electrical work. The works are underway and are to
be completed in the 4th quarter of 2027. The agreement has a value of
approximately NOK 7,600 million excluding VAT.

“AF Gruppen is very pleased to have been awarded the contract to build a new
water treatment plant for the City of Oslo. We look forward to continuing good
cooperation with the City of Oslo and carrying out the construction so that the
residents of Oslo have a safe and secure water supply in the future,” says Amund
Tøftum, CEO of AF Gruppen.


About the Project
The City of Oslo has only one main water source. This makes the capital’s water
supply very vulnerable. The City of Oslo is therefore building a new water
supply from Holsfjorden in Lier Municipality and a water treatment plant and a
new main pipeline network in Oslo. When the facility is completed, Oslo will
have a fully functional and robust backup water supply.


For further information:
Geir Flåta, EVP Civil Engineering, tel. +47 994 01 510
Amund Tøftum, CEO, tel. + 47 920 26 712


Source

AF Gruppen ASA

Provider

Oslo Børs Newspoint

Company Name

AF GRUPPEN

ISIN

NO0003078107

Symbol

AFG

Market

Oslo Børs