Press release
Netel signs contract for reconstruction of distribution station for Ellevio
Netel has signed an agreement with Ellevio for the reconstruction and refurbishment of a distribution station on Lidingö, northeast of Stockholm. The contract value is approximately SEK 50 million. The project will begin in the autumn of 2025 and is scheduled for completion in the autumn of 2028.
Ellevio is one of Sweden’s largest energy companies, developing and building solutions for the electricity systems of the future—systems designed to meet society’s growing demand for electricity.
“We are grateful for Ellevio’s confidence and look forward to working together to contribute to the electrification of society,” says Jeanette Reuterskiöld, CEO and Group President of Netel.
About us
With 25 years of experience, Netel is a leader in the development and maintenance of critical infrastructure within Infraservices, Power and Telecom in Northern Europe. We are involved in the entire value chain from design, production and maintenance of our customers' facilities. We are dedicated to securing an accessible and reliable future, where technology unites and transforms society. Netel reported net sales of SEK 3,300 million in 2024 and the number of employees in the group is about 840. Netel is listed on Nasdaq Stockholm since 2021. Read more at netelgroup.com.
Contacts
Jeanette Reuterskiöld, President and CEO, +46 (0) 702 28 03 89, jeanette.reuterskiold@netel.se
Fredrik Helenius, CFO, +46 (0) 730 85 52 86, fredrik.helenius@netel.se
Åse Lindskog, IR, +46 (0) 730 24 48 72, ase.lindskog@netelgroup.com