ATS Kraftservice AB, which is a subsidiary to Peab, has once again been entrusted to be a project contractor of local electricity grid projects to Eon Energidistribution AB in northern Sweden, the Stockholm region, Norrköping and Skåne. The contract runs for four years and is worth SEK 240 million.

The contract starts on January 1, 2022, comprises projects on the local grid, and runs until December 31, 2025. After that it can be renewed for two years.

"We're very happy that Eon will continue to rely on Peab to deliver project services. We've had a similar contract and look forward to developing our collaboration for the next four years at the very least. Naturally we're proud to participate in Eon's work on creating a more sustainable energy alternative," says Staffan Gustavsson, MD of ATS Kraftservice AB.

"ATS has been a supplier of contracted services for many years now and we really look forward to several more years of good and developmental work together," says Peter Niklasson, Senior Advisor at Eon.

The procurement was for contracted services on the local grid (0.4-24 kV) where awarding contracts was based on tendered price and quality.

The project was order registered in the third quarter 2021.

For further information, please contact:

Staffan Gustavsson, MD of ATS Kraftservice AB, +46 70 779 40 04

Juha Hartomaa, Head of Investor Relations Peab, +46 725 33 31 45

Peab is the Nordic Community Builder with 16,000 employees and net sales of SEK 57 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-signs-framework-contract-with-eon,c3428509

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