The deals account for roughly 8.1% of the company’s trailing 12m consolidated sales.

Dalekovod announced that they have signed project contracts with two Swedish investors, Elevio AB, the owner of the distribution network, and Svenska Kraftnät, the national energy company.

With the investor Elevio AB, it has been contracted to build 12 kilometers of new 2 x 130 kV line, between Tovåsen and Bodmyran substations, along the existing 130 kV line, which includes demolition of the old line on wooden poles and reconstruction of the existing 1 km long wooden line. The planned start of works is in February 2021, and completion in August 2022.

The new contract with Svenska Kraftnät, the Grundfors ledningsåtgärder project, involves the reconstruction of four existing 400 kV lines and one 220 kV line around the new substation, and consists of the main part and two possible options. The final scope of work will be defined in March this year, starting in May next and ending in late 2023.

The total value of the above-mentioned deals is higher than HRK 110m. To put things into a perspective, the deals account for roughly 8.1% of the company’s trailing 12m consolidated sales.