Advansia, Part of AFRY, Secures Framework Agreements to Support Norway’s Power Grid Development

Advansia, Part of AFRY, Secures Framework Agreements to Support Norway’s Power Grid Development

(IN BRIEF) Advansia, a subsidiary of AFRY, has been awarded two significant framework agreements aimed at facilitating the development and expansion of Norway’s power transmission network. Statnett, the state-owned enterprise responsible for the country’s power transmission system, is in the process of renewing and enhancing the main power grid to support the transition towards sustainable energy sources. These agreements encompass project management services and detailed engineering services, as well as project planning and implementation support. Christopher Klepsland, country manager for AFRY in Norway and CEO of Advansia, highlighted the importance of these agreements in contributing to the green shift and energy consumption transition. The estimated value of these agreements is approximately MNOK 130 per year on average for the next four years, with the possibility of a four-year extension.

(PRESS RELEASE) STOCKHOLM, 2-Nov-2023 — /EuropaWire/ — Advansia, part of AFRY, is the contractual part of the two framework agreements. The agreements are aimed at facilitating the further development and expansion of the transmission network in Norway and includes both project management services and detailed engineering services.

Statnett, the state-owned enterprise responsible for Norway’s power transmission system, must renew and improve the main power grid across the country. A robust and well-functioning power grid is important for enabling the green shift and a sustainable value creation, as well as securing the power capacity and supply.

“The transition of energy consumption in society is a prioritized focus area for us. We are proud to be part of the ongoing efforts to develop the power grid system of the future together with Statnett. A validation of our expertise and capabilities in successfully delivering large-scale development projects”, says Christopher Klepsland, country manager for AFRY in Norway and CEO of Advansia.

The value of the two framework agreements won by Advansia is estimated to be approximately MNOK 130 per year on average for the next four years, with an option for a four-year extension.

The first framework agreement involves EPCM deliveries, which include both project management services and detailed engineering services. The contract has been awarded to Advansia in collaboration with AFRY Norway, AFRY Denmark, and IKM Elektro.

The second framework agreement awarded to Advansia involves project management services and encompasses all necessary roles Statnett requires to plan and implement their projects.

AFRY provides engineering, design, digital and advisory services to accelerate the transition towards a sustainable society. We are 19,000 devoted experts in industry, energy and infrastructure sectors, creating impact for generations to come. AFRY has Nordic roots with a global reach, net sales of 24 BSEK and is listed on Nasdaq Stockholm.

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SOURCE: AFRY