ININ Group AS: Subsidiary wins another contract with Elvia

28 Oct 2025 09:00 CET

28 October 2025 – ININ Group’s wholly owned subsidiary Laje AS has been awarded
a one-year technical support agreement by Norwegian grip operator Elvia.

As part of the agreement, Laje will support Elvia’s operations, maintenance
projects and new infrastructure projects. Laje estimates that the one-year
agreement could generate revenue of between NOK 40 and 50 million.

Elvia is responsible for operation, maintenance and development of the power
grid in the Norwegian counties of Oslo, Innlandet, Akershus and Østfold.

Inin Group’s majority owner is Stockholm-listed Qben Infra AB. Laje is the main
platform company in Qben Infra’s Power niche.

Laje is a focused infrastructure construction and service company within the
energy infrastructure, telecom and electrification sector. The company’s
business is divided into three business segments: energy infrastructure, telecom
and electrification, all focusing on the ongoing electrification and
digitalization megatrends.

(ENDS)

For further information, please contact:
Anders Granshagen, Qben Power; tel: +47 911 98 444

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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