Bergen,9 May 2024 : Scana-ownedPSW 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", saysEirik Sørensen , Managing Director ofPSW Power & Automation . (1) A sizeable contract is defined to be betweenNOK 20 million andNOK 50 million . (2) A substantial contract is betweenNOK 50 million andNOK 150 million . (3) A large contract is overNOK 150 million . For more information, please contact:Pål Selvik , CEO,Scana ASA , +47 970 46 502Eirik Sørensen , Managing Director,PSW Power & Automation , +47 936 78 233PSW Power & Automation in briefPSW 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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