PÖYRY PLC Press release 14 March 2012
Pöyry's Energy business group has been awarded a frame agreement by Svenska Kraftnät, the Swedish national grid, as Technical Consultants. The agreement is valid for 2012-2013 with separate options for two additional years.
Svenska Kraftnät has considerable investment needs and plan to invest SEK 18.8 billion over the next four years. Their investments for 2012 and 2013 are estimated to be SEK 7.8 billion.
"Counting the number of categories, we are very pleased to see Pöyry qualified as the largest supplier of consultancy services. We estimate that the agreement, for a period of 2+1+1 years, has a value of about SEK 200 million (22.6 MEUR)," says Magnus Hemmingsson, Managing Director, Pöyry SwedPower Ab.
PÖYRY PLC
Additional information:
Magnus Hemmingsson, Managing Director, Pöyry SwedPower Ab
Tel. +46 705 705191
Ari Asikainen, President, Energy Business Group
Tel. +358 10 33 24 476
Pöyry is a global consulting and engineering company dedicated to balanced sustainability and responsible business. With quality and integrity at our core, we deliver best-in-class management consulting, total solutions, and design and supervision. Our in-depth expertise extends to the fields of energy, industry, transportation, water, environment and real estate. Pöyry has about 7,000 experts and a local office network in about 50 countries. Pöyry's net sales in 2011 were EUR 796 million and the company's shares are quoted on NASDAQ OMX Helsinki (Pöyry PLC: POY1V).
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Source: Pöyry Oyj via Thomson Reuters ONE
