Peab has been commissioned to build infrastructure for the new housing tract Näsby in Linköping. The customer is Linköping Municipality and Tekniska verken and the contract is worth SEK 104 million.

The project entails work regarding streets, rainwater, park/nature, water and waste water, district heating, electricity, optical fiber and lighting. The geographic surface will be nearly 100 acres.

"We're very happy about winning this project and look forward to working together with Linköping Municipality. We're also proud to contribute to developing the community of Linköping," says Stefan Andersson, Region Manager Peab.

The project is a traditional contract. The work starts in September 2022 and is expected to be completed in April 2026.

The project will be order registered in the third quarter 2022.

For further information, please contact:

Juha Hartomaa, Head of Investor Relations Peab, +46 72 533 31 45

Peab is the Nordic Community Builder with 15,000 employees and net sales of SEK 63 billion. With a local presence and focus on our own resources we develop, do the groundwork and build everyday life where it's lived. Company headquarters are in Förslöv on Bjäre Peninsula in southern Sweden. The Peab share is listed on Nasdaq Stockholm.

https://news.cision.com/peab/r/peab-builds-infrastructure-for-new-housing-tract-in-linkoping,c3632696

https://mb.cision.com/Main/424/3632696/1628045.pdf

https://news.cision.com/peab/i/andersson-stefan,c3090457

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