Veidekke awarded contract for Lista Wind Power Plant
Lista Wind Power Plant AS, a wholly owned subsidiary of Fred. Olsen Renewables,
has awarded Veidekke EntreprenÃ¸r AS the contract for the construction of the
Lista Wind Power Plant in the Municipality of Farsund. The contract sum is NOK
208 million excluding VAT.
Veidekke has signed an EPC Contract and is responsible for completing the
design, construction, installation and commissioning of the wind farm
infrastructure. This includes the construction of roads, turbine foundations,
cable trenches and additional buildings. Siemens AS is the project's electro
supplier and is responsible for the installation of the plant's electronic
infrastructure and coupling the turbines to the local electric grid.
The wind power plant will consist of thirty-one  turbine locations and have
an installed capacity of 102 MW. It will produce 280 GWh electricity per annum;
the equivalent of the annual electricity consumption of approximately 15.000
households.Â Veidekke will provide the plant's infrastructure, building twenty-
two  kilometres of roads in order to reach each turbine.
The project will commence in May 2011 and its date of completion is in the first
quarter of 2013.
For further information please contact:
Project Manager Kristian Senland, Veidekke EntreprenÃ¸r AS, Tel
+47 911 28 356,firstname.lastname@example.org
Site Manager Kjell SkjÃ¸llingstad, Veidekke EntreprenÃ¸r AS, Tel +
47 934 60 094,email@example.com
Communications Manager Helge Dieset, Veidekke EntreprenÃ¸r AS, Tel +
47 905 53Â 322,firstname.lastname@example.org
Project Manager Ã˜yvind Lund, Fred Olsen Renewables AS, Tel
+47 22 34 11 28,email@example.com
Veidekke is one of Scandinavia's largest contractors with 6,100 employees and a
turnover of NOK 16.3 billion (2010). Activities include building and
construction projects, residential developments, asphalt plants, gravel and
aggregates, road maintenance and recycling. Our values are professional, honest,
enthusiastic and pioneering. Our goals for health, safety and the environment,
HSE, have equal status with our financial goals. Veidekke is characterized by a
decentralized organizational model with a strong corporate culture and a high
degree of employee involvement. Over half the employees are co-owners, holding
almost 20% of Veidekke's shares between them. The company is listed on the Oslo
Stock Exchange and has never declared a loss since it was founded in 1936.
Â This information is subject of the disclosure requirements acc. to Â§5-12 vphl
(Norwegian Securities Trading Act)
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Source: Veidekke ASA via Thomson Reuters ONE