Related Party Transaction • Sep 7, 2021
Related Party Transaction
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Multiconsult (OSE: Multi) set to deliver engineering services for the Sotra project
Statens vegvesen has selected the Sotra Link to design, build and operate the
Sotra project PPP (NO: Rv.555 Sotrasambandet) outside Bergen at the west coast
of Norway. Sotra Link includes Macquarie Group Ltd, SK Ecoplant Co. Ltd Webuild
S.p.A. Multiconsult is set to deliver design and engineering services as the
main designer, except for the suspension bridge. The contract is subject to
final agreement with the contractors. The design work is planned to start within
1-2 months.
The Sotra project is a new road system, including main road, tunnels, secondary
roads, bridges, structures and large intersections between Kolltveit, Øygarden
municipality and Storavatnet, Bergen municipality.
The total PPP (Public-private partnership) project has a budget of more than NOK
19 billion. The total project is currently not funded and must await approval in
the National Budget for 2022. The contract for the design and build phase is
expected to be signed in first half of 2022.
For further information, please contact:
Investor relations:
Pål-Sverre Jørgensen, Group Treasurer & Investor Relations Officer
Phone: +47 416 11 161
E-mail: [email protected]
Media:
Gaute Christensen, VP Communications
Phone: +47 911 70 188
E-mail: [email protected]
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