AF Gruppen

Capital/Financing Update • Apr 18, 2023

Building wastewater treatment plant in Fredrikstad

Building wastewater treatment plant in Fredrikstad

Reference is made to the notice to the stock exchange published on 24 August 2022, where FREVAR KF proposed AF Gruppen as design and build contractor with interaction for phase 1 of a new treatment plant in Fredrikstad municipality. Today, AF Gruppen has signed a contract with FREVAR KF for phase 2 (design and engineering and execution). The contract value for phase 2 is NOK 1,081 million excluding VAT.

The wastewater treatment plant will be located at Øra industrial area in Fredrikstad and will comprise one building for pre-treatment and bio-treatment with an administrative section, one building for sludge treatment and two digestion tanks. The background for the project is increasing climate and environmental challenges, a need for new and better treatment technology and more stringent treatment requirements from the County Governor. The project aims to meet sustainable, eco-friendly and climate-neutral goals.

Construction will start in June 2023, and handover is expected in April 2026.

“We have completed a good interaction phase where we have identified good environmental and cost-effective solutions. The project has high ambitions in terms of the environment and climate, and will ensure a treatment plant that contributes to a cleaner Oslo fjord. We’re looking forward to continuing the partnership on building a new and modern treatment plant,” says Amund Tøftum, CEO of AF Gruppen.

For further details, please contact:

EVP Building: Tormod Solberg, tel. +47 950 59 495

CEO: Amund Tøftum, tel. +47 920 26 712