AF Gruppen

Regulatory Filings • Jan 22, 2025

To deliver technical installation to green steel producer in Sweden

To deliver technical installation to green steel producer in Sweden

Aeron, a company within AF Gruppen, has been awarded a contract by the steel producer Stegra for the delivery of ventilation systems (HVAC) to their new production facility in Sweden. The agreement is valued at approximately NOK 200 million excluding VAT.

The agreement includes detailed engineering, design, procurement, and assembly of HVAC systems.

Stegra will produce green steel in the new facility. By using green hydrogen and fossil-free electricity as energy sources instead of coal, the company will significantly reduce carbon emissions. The company aims to produce 5 million tons of green steel annually from the facilities in Boden, Sweden, by 2030.

“We are proud to have been awarded this important contract. This is a new step forward in our commitment to renewable energy, and we look forward to collaborating with our customer and partners to ensure the successful completion of the project”, says Lars Myhre Hjelmeset, Executive Vice President at AF Gruppen.

Engineering starts immediately, with equipment delivery and completion in 2025.

For further information:

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

EVP Offshore AF Gruppen: Lars Myhre Hjelmeset, tel. +47 970 39 084