Sandvika, 27 May (OSE: NORCO): Norconsult, in partnership with contractor Anlegg Øst Entreprenør, has been awarded a contract by Statnett for the design and construction of two new substations in Tønsberg and Eiker, and the upgrade of the existing Hof substation in southern Norway.
The project will help secure a reliable power supply in the region while increasing capacity in a grid facing strong demand.
“We are pleased to have been awarded this contract and look forward to a close collaboration with Statnett and Anlegg Øst Entreprenør. Norconsult is one of the leading power transmission specialists in the Nordics, and I am confident our team will deliver a strong contribution to this project,” says Håkon Bergsodden, EVP Renewable Energy.
Statnett is the transmission system operator in Norway’s power system. Its role is to ensure a reliable power supply by developing, operating and maintaining the transmission grid. Statnett is a state-owned enterprise under the Ministry of Energy.
It is estimated that the project will start during the second half of 2026, and the estimated contract value is NOK 65 million. The award of the contract to Norconsult is subject to a standstill period expiring on 1 June.
***
For further information, please contact:
Investors: Christian Salbu Aasland, SVP Investor Relations & Business Intelligence, IR@norconsult.com
Media: Henrik Charlesen, Head of External Communications, 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 7,200 employees across more than 140 offices in Norway, Sweden, Denmark, Iceland, Poland and Finland.