Skanska has signed a multi-phase contract with Flexential Corp. to include the construction of the H3 - Flexential Data Center in Hillsboro, Oregon, USA. The first phase of the contract is worth USD 64 M, about SEK 585 M, which will be included in the US order bookings for the third quarter of 2020.

The initial phase of the project includes the construction of an about 32,500 square-meter Tier III Data Center with a structural steel core and concrete tilt panels as the primary façade. The first data hall will support an initial IT capacity of 4.5 megawatts.

Construction began in September 2020 and is scheduled for completion in September 2021.

Skanska is one of the leading construction- and development companies in USA, specializing in building construction, civil infrastructure and developing commercial properties in select U.S. markets. Skanska USA had sales of SEK 74 billion and about 7,900 employees in its operations in 2019.

For further information please contact:

Elizabeth Locke, Communications Director, Skanska USA, tel +1 214 763 52 55

Olof Rundgren, Media Relations Manager, Skanska AB, tel +46 (0)10 448 67 94

Direct line for media, tel +46 (0)10 448 88 99

This and previous releases can also be found at www.skanska.com.

Skanska is a world leader in construction and project development on select markets in the Nordic region, Europe and USA. Driven by the Group's values, Skanska wants to contribute to a better society. Skanska provides innovative, sustainable solutions for both simple and complex assignments. Skanska has about 35,000 employees, and 2019 revenue totalled SEK 177 billion.

https://news.cision.com/skanska/r/skanska-builds-tier-iii-data-center-in-hillsboro--oregon--usa--for-usd-64-m--about-sek-585-m,c3204437

https://mb.cision.com/Main/95/3204437/1311969.pdf

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