Veidekke

Regulatory Filings • Apr 5, 2022

Veidekke: Building water treatment plant in Bærum

Veidekke: Building water treatment plant in Bærum

Veidekke has signed a contract today with Asker og Bærum Vannverk IKS to build a

new water treatment plant at Kattås in Vestmarka in Bærum municipality. The

contract is an execution contract valued at NOK 601 million excluding VAT.

In order to satisfy future requirements to drinking water quality, Asker and

Bærum waterworks will build a new facility to treat crude water at Kattås in

Bærum. The existing facility at Kattås currently gets its crude water from

Holsfjorden. As the colour figure in Holsfjorden is increasing and sometimes

exceeds the drinking water regulations' recommendations, a new treatment plant

needs to be built. The new plant will be able to supply large parts of Asker and

Bærum with drinking water in an estimated normal situation in 2050.

Veidekke has been awarded the rock excavation and concrete contract in the

project. Rock excavation involves blasting of approximately 182,000 m[3] in

access tunnels and four large halls. Concrete work will start next summer and is

related to two large clean water basins for storage of around 25 million litres

of water, two large filter basins with eleven metre high walls and several

technical rooms.

"Ensuring that residents have clean water is an important task for society, so

this is a major and significant project both for Asker and Bærum waterworks and

for Veidekke. We have good expertise in this field and have recently completed a

similar project for the City of Oslo at Maridalsvannet. We appreciate the

confidence shown in us and look forward to starting the work," says director

Neal Nordahl of Veidekke Anlegg.

Construction work starts in August and completion is scheduled for 2025. The

contract is included in Veidekke's order backlog for Q2 2022. Read more about

the project here. (http://www.abvann.no/nytt-vannbehandlingsanlegg-i-asker-og

-baerum)

For more information please contact:

Neal Nordahl, Director of Veidekke Anlegg, tel. +47 90 92 44 64,

neal.nordahl@veidekke.no

Project Director Ane Vestre, tel. +47 92 40 61 05, ane-kari.vestre@veidekke.no

Communications Manager Helge Dieset, tel. +47 90 55 33 22,

helge.dieset@veidekke.no

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Veidekke is one of Scandinavia's largest contractors. In addition to undertaking

all types of building and civil engineering assignments, the group also

maintains roads and produces asphalt and aggregates. Veidekke emphasises

stakeholder involvement and local experience. Its annual turnover is

approximately NOK 38 billion, and half of its 8,000 employees own shares in the

company. Veidekke is listed on the Oslo Stock Exchange, and has posted a profit

every year since its inception in 1936.