Press release

SEKE signs an agreement with E.ON worth a total of SEK 100 million

Netel’s subsidiary SEKE has signed an agreement with the energy group E.ON for the reconstruction of two power stations in Sweden. The agreements are valued at approximately SEK 100 million in total and the projects are to be completed in 2025.

The power stations are located in Stjärneholm in Skurup and in Jämjö in Karlskrona. E.ON Sweden is part of the international energy group E.ON SE with headquarters in Essen, Germany. E.ON Sweden delivers electricity, heating and smart energy solutions to approximately one million private and business customers in Sweden.

"The new agreements once again confirm SEKE's know-how and experience in turnkey contracts in the power sector," says Jeanette Reuterskiöld, Acting CEO of Netel. "We are happy and proud of our long-term relationship with E.ON and with the agreements we continue to strengthen our leading position in critical infrastructure."

Contacts


Jeanette Reuterskiöld, acting CEO +46 (0) 70 228 03 89, jeanette.reuterskiold@netel.se
Peter Andersson, CFO +46 (0) 73 842 36 90, peter.andersson@netel.se
Åse Lindskog, IR +46 (0) 73 024 48 72, ase.lindskog@netelgroup.com

About Us


Netel is a leading specialist in critical infrastructures in Northern Europe. We have over 20 years of experience in carrying out projects as well as services and maintenance for the industry's largest players in power, telecommunications, heating as well as water and sewage. We have a clear strategy for organic growth and acquisitions based on an efficient business model that is characterized by decentralization, low capital tied up and high cash conversion. Our business is based on a solid sustainability approach with intense responsibility for the environment and work safety. Netel had sales of more than SEK 3.1 billion in 2022 and has over 800 employees. Read more at www.netelgroup.com.