Norconsult awarded contract with Svenska kraftnät

02 Jul 2025 08:51 CEST

Sandvika, 2 July 2025 (OSE: NORCO) Norconsult has been awarded a contract
by Svenska kraftnät, the Swedish transmission system operator, to deliver
detailed design for the 400 kV power line between Vattjom and Njutånger.

Svenska kraftnät is the authority responsible for ensuring that Sweden's
transmission system for electricity is safe, environmentally sound and cost
-effective.

The project includes detailed design of two air-insulated 400 kV transmission
lines spanning approximately 90 kilometers, located in the Västernorrland and
Gävleborg regions. The purpose of the project is to enable increased electricity
production to be connected to the national grid and to transport electricity to
major consumption areas. The project is part of Svenska kraftnät's Nordsyd
program.

"This is a major project for Norconsult, and our experts are looking forward to
collaborate closely with Svenska kraftnät on this important assignment. As both
electricity production and consumption increase, a robust 400 kV transmission
grid is essential for the green transition. Norconsult is proud to contribute to
the realisation of the Nordsyd program in Sweden," says Farah Al-Aieshy, EVP
Sweden at Norconsult.

The estimated value of the contract is approximately SEK 60 million (NOK 64
million).

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For further information, please contact:

Investors: Christian Salbu Aasland, SVP Investor Relations & Business
Intelligence, IR@norconsult.com

Media: Henrik Charlesen, Senior Communication Advisor,
Henrik.Charlesen@norconsult.com

About Norconsult

Norconsult is a leading pan-Nordic interdisciplinary consulting firm combining
engineering, architecture and digital expertise across projects of all sizes,
for private and public clients in infrastructure, energy and industry, buildings
and architecture. Headquartered in Sandvika, Norway, Norconsult's delivery model
is centred around knowledge hubs and local presence through approximately 6,600
employees across more than 140 offices in Norway, Sweden, Denmark, Iceland,
Poland and Finland.

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