ININ Group: Subsidiary awarded significant contract in Sweden

22 Apr 2025 13:20 CEST

Laje AS, a subsidiary of ININ Group, has been awarded a contract by Ellevio AB
for the construction of a 170 kV power line between Tandö and Nyhusen, Sweden.
The power line will stretch approximately 31 kilometers and include around 192
pole positions, with four steel poles and the rest made of wood. The contract is
valued at SEK 94 million and is expected to be completed by January 31, 2027.

“This contract win is a testament to our ongoing efforts to strengthen our
presence in the Swedish market” says Anders Granshagen, CEO of Qben Power.

ININ Group AS is listed on Euronext Growth Oslo. The company’s majority
shareholder, Qben Infra AB, is listed on Nasdaq First North Premier Growth
Market in Stockholm, Sweden.
(ENDS)

For further information, please contact:
Øivind Horpestad, CEO of Inin Group AS, Tel: +47 910 00 626

About ININ Group AS
ININ Group is a listed investment company operating as an industrial owner with
investments in companies within infrastructure and industry services niches in
the Nordics. The group create value by identifying investment opportunities
within profitable niches with potential for development, consolidation and
growth, working in collaboration with the platform companies to deliver
sustainable growth and superior profitability. For more information, please
visit: www.inin.no

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