Scana ASA: Update on previously announced contract

11 Apr 2025 18:54 CEST

Bergen, 11 April 2025: Scana-owned PSW Power & Automation AS has received a
cancellation of a contract concerning a 9.1 MWh BESS project in Uddevalla,
Sweden. The reason for the cancellation is that the company's end customer has
been denied a building permit by local authorities, a circumstance unrelated to
the BESS that was to be delivered.

The cancellation will affect the order back log negatively with MNOK 34, but all
equipment and other resources allocated to the project will be routed into other
projects.

The contract was originally announced in notice dated 3 July 2024.

For more information, please contact:

Pål Selvik, CEO, Scana ASA, +47 970 46 502

Eirik Sørensen, Managing Director, PSW Power & Automation AS, +47 936 78 233


Scana in brief
Scana is an active industrial owner of technology and services to both the
energy and offshore industries. With an industrial history dating back to the
early 1900s, Scana has evolved to become a leader in technology and innovation.
This journey has provided a unique position to shape solutions for tomorrow,
driven by extensive industrial experience combined with quality and value
creation. Scana is headquartered in Bergen and has above 600 employees.
www.scana.no

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

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