-
Markets
athexgroup.grAthens Exchange GroupRead moreTogether for a unified, stronger European capital market.
-
Equities
Sustainable finance2025 Euronext ESG Trends ReportRead moreA data-driven snapshot of how Euronext-listed companies are advancing their Environmental, Social and Governance (ESG) practices.
-
Indices
Access the white paperInvesting in the future of Europe with innovative indicesRead moreThe first edition of the Euronext Index Outlook series with a particular focus on the European Strategic Autonomy Index.
-
ETFs
The European market place for ETFsEuronext ETF EuropeRead moreInvestors benefit from a centralised market place that will not only bring transparency but also better pricing due to the grouping of liquidity.
- Funds
-
Fixed Income
European Defence BondsGroupe BPCE lists the first bondRead moreFirst financial institution in Europe to issue a bond dedicated to the defence sector
- Structured Products
-
Derivatives
Where European Government Bonds Meet the FutureFixed Income derivativesRead moreTrade mini bond futures on main European government bonds
-
Commodities
- Overview
- Agricultural quotes
- Power Derivatives
- Milling Wheat derivatives
- Corn derivatives
- Spread contracts
- Rapeseed derivatives
- Durum Wheat derivatives
- Salmon derivatives
- Container Freight Futures
- Delivery & settlement
- Specifications & arrangements
- Commitments of Traders (CoT) report
- Commodity brokers
Building a sustainable and liquid power derivatives market.Euronext Nord Pool Power FuturesRead moreEuronext and Nord Pool, the European power exchange, announced the launch of a dedicated Nordic and Baltic power futures market.
-
Resources
Designed to help students navigate the complexities of financial marketsEuronext Trading gameRead moreJoin the Euronext Trading Game and step into capital markets. Learn from today’s leaders, explore sustainable opportunities, and trade with confidence.
Building new flood diversion
13 Feb 2025 13:45 CET
Issuer
AF Gruppen ASA
Hydro Energi AS has announced its intention to enter into a contract with AF
Gruppen for the construction of the Valldalen dam and flood diversion project.
The agreement has an estimated value of NOK 200 million excluding VAT.
Dam Valldalen is located in Ullensvang municipality and dams up the Valldal
reservoir, the largest reservoir for the Røldal power plant. Hydro is now
upgrading Dam Valldalen to address climate change and increased flooding. AF
Gruppen will carry out the construction work.
At Dam Valldalen, the existing concrete spillway will be demolished. A new
concrete dam with a bottom outlet gate (new spillway with outlet gate) will be
built to replace the demolished concrete spillway. The side channel for
floodwater will be expanded by blasting, and a new flood tunnel will be
established/blasted in addition to the existing flood shaft/tunnel. To
accommodate the expansion of the side channel, the road passing the spillway
will need to be relocated further into the terrain.
Work is scheduled to start in April 2025 and be completed in June 2026.
"AF Gruppen is pleased to have been chosen by Hydro to build the new flood
diversion. The project fits well with our capacity and expertise in tunnels,
concrete, and hydropower. AF looks forward to strong cooperation with Hydro,"
says Geir Flåta, EVP Civil Engineering at AF Gruppen.
For further information:
Geir Flåta, EVP Civil Engineering, tel. +47 99 40 15 10
More information:
Access the news on Oslo Bors NewsWeb site
Source
AF Gruppen ASA
Provider
Oslo Børs Newspoint
Company Name
AF GRUPPEN
ISIN
NO0003078107
Symbol
AFG
Market
Euronext Oslo Børs