Veidekke

Veidekke ASA: Builds wind power plant in Trøndelag

Sørmarkfjellet AS has awarded Veidekke the construction contract for

Sørmarkfjellet Wind Power Plant that will be built in the municipalities of Osen

and Flatanger in Trøndelag. The contract is a design and build contract valued

at just below NOK 300 million excluding VAT.

"We appreciate the confidence shown in us, and are very pleased with winning the

competition for this important contract. Wind power is something we are very

happy to build, both for commercial reasons and because we want to contribute to

the production of renewable energy in the future," says Executive Vice President

Øivind Larsen of Veidekke Anlegg.

The 31 turbines in the wind farm on the northern part of the Fosen peninsula

will have combined installed power of 130 MW and an annual production

corresponding to the consumption of 29,300 households (440 GWh). This is the

fifth wind power project for Veidekke in Norway alone in recent years.

The infrastructure Veidekke will build in the wind farm comprises the following

key components:

· 31 turbine foundations with associated sites for assembly cranes

· Development of 22 kilometres of roads (access roads and internal roads)

· Erection of a service building and a building for a substation

· Cable trenches and laying of the farm's internal high-voltage grid

The work will be carried out by Veidekke's construction department in

partnership with subsidiary Tore Løkke AS. Construction work will start in

April, and is scheduled for completion in October 2021.

More information on the project is available at

https://tronderenergi.no/vind/sormarkfjellet

Caption (left to right): Site manager Joakim Syltern By from Tore Løkke, project

manager Sebastian Schneider from Veidekke and project manager Lars Jørgen

Sivertsen of Trønder Energi.

For more information, contact:

Executive Vice President Øivind Larsen , tel. +47 90 58 23 51,

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

Subscribe to notices from Veidekke (http://veidekke.com/no/borsmeldinger/abonner

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Veidekke is one of Scandinavia's largest construction and property development

companies. The company undertakes all types of building construction and civil

engineering contracts, develops residential projects, maintains roads, and

produces asphalt and aggregates. The company is known for its involvement and

local knowledge. Annual turnover is approx. NOK 36 billion, and around half of

its 8600 employees own shares in the company. Veidekke is listed on the Oslo

Stock Exchange and has always posted a profit since it was founded in 1936.

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