Bergen, 9 May 2024: Scana-owned PSW Power & Automation has signed a substantial
contract for the delivery of a series of E-house modules. The project includes
design, assembly and testing at PSW factory before shipment to customer
location. The delivery will be part of an emergency power system for several
data center terminals. 

The contract consists of variable elements based on time and materials which
gives an estimated contract size is of substantial (2) value. The project will
start immediately, and delivery will take place from Q3-2024 to Q4-2024.

"This contract ensures a valuable order backlog for the company and confirms the
growth market within electrification projects", says Eirik Sørensen, Managing
Director of PSW Power & Automation. 

(1) A sizeable contract is defined to be between NOK 20 million and NOK 50
million. 
(2) A substantial contract is between NOK 50 million and NOK 150 million. 
(3) A large contract is over NOK 150 million.


For more information, please contact:
Pål Selvik, CEO, Scana ASA, +47 970 46 502
Eirik Sørensen, Managing Director, PSW Power & Automation, +47 936 78 233


PSW Power & Automation in brief
PSW Power & Automation delivers complete solutions within electrification and
renewable energy. The company specializes in the design and integration of
electrical power systems, electrical infrastructure, energy storage and energy
control. www.pswpower.no


Scana in brief
Scana is a listed industrial owner company in the ocean and energy industries
creating value through active ownership in market-leading portfolio companies.
Scana is headquartered in Bergen and has above 500 employees. www.scana.no

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