The value of both deals makes for 26% of the company’s T12 2018 revenues.

Dalekovod has published a document stating that a Norwegian company, Statnett, chose Dalekovod for construction of  420 kV power line Lyse  – Fagrafjell which is 67km long. According to Statnett, the construction period is expected to be 4 – 5 years, after the licnece has been granted.

Note that the value of the deal is more than EUR 44m, which will be concluded once Statnett publishes a final confirmation of the investment decision.

At the same time, Dalekovod also signed a contract with a Swedish company, Ellevio AB, for construction of 145 kV line Forshult – Bosjön – Kalhyttan, which is 44km long. The value of the deal is more than EUR 5.5m.

Note that the value of both deals makes for 26% of the company’s T12 2018 revenues.