News

Infratek acquires Pohjolan Werkonrakennus

 - join forces on Finland’s electrical grid market.

08/01/2016
Infratek acquires Pohjolan Werkonrakennus

Infratek, the leading entrepreneur on the central grid market in Finland, today completed the acquisition of Pohjolan Werkonrakennus, a leading service provision company on the distribution grid market. With strong positioning across the Finnish electrical grid market, Triton-owned Infratek is now looking for a new Finnish Manager to lead the new company towards the future.

- We believe that Infratek and PWR will be a very strong combination. With this acquisition, we can provide high quality services to our customers across the electrical grid market in Finland. To support our high ambitions, we are now looking to hire a Division Manager to drive the Finnish development, says Lars Bangen, CEO of Infratek.

The two companies had combined revenues of some 40 million Euros in 2014 with key customers including Fingrid, Elenia Verkko, Caruna, Savon Voima Verkko, E.ON and many more.

- Infratek is a highly competent owner of PWR and together we will continue to develop the business. I am confident that the combination will be beneficial to our employees, customers and partners, says Antero Vehkala, CEO and part-owner of PWR.

Infratek is acquiring all outstanding shares and the transaction is closing today.

About Pohjolan Werkonrakennus

Pohjolan Werkonrakennus was established in 2006 and operates across the middle part of Finland. The acquired company has some 150 employees and had a turnover of EUR 18 million during its last financial year. Through the acquisition, Infratek strengthens its position within the distribution grid market in Finland. See more at www.pwk.fi

About Infratek

Infratek is the leading entrepreneur on the electrical grid markets in the Nordics, and has an especially strong foothold on the distribution grid market in Norway and Sweden and the central grid market in Finland. The group had turnover of some 280 million Euros in 2014 and EBIT of some 15 million. In Finland, revenues were some 25 million Euros. The biggest Finnish customer is Fingrid. Infratek is owned by Triton. See more at www.infratek.fi

For further information, please contact:

Lars Bangen, CEO Infratek. Phone: +47 23 12 88 00

Vibecke Skjolde, CFO Infratek. Phone: +47 23 12 88 00

 

Infratek awarded agreements with E.ON

Infratek has been appointed as the main supplier of two areas in E.ON Elnät’s main frame agreement in Sweden. In addition, Infratek is also selected as a project supplier in several geographical areas.

02/07/2015
Infratek awarded agreements with E.ON

The total value of the agreements is estimated to SEK 1500 million. The contract period for apply for 2016-2019 with an option for two more years.

Infratek has been selected as main supplier within operations and maintenance in the areas of Stockholm and Eastern Småland.

The total contract volume of the new agreements towards E.ON Elnät Sverige AB represents an increase from the current agreements.

 

Test 2 = None

Investor information

Reference projects

Click the pictures below to read about some of our reference projects

Customer:
Hafslund Nett
Place:
Sørum, Norway
Work done:
Building of overhead lines

Infratek has built overhead lines for Hafslund Nett in Sørum municipality. The lines are 22kV and stretches for 7.5 kilometers. 

- The lines we build is in total 7.5 km, says Erik Olsen-Ruud of Infratek.

Together with his colleagues Peter Haugland, Hågen Jellum and Arnfinn Bredesen he is bulding lines to give Sørum municipality a better power supply with the 22 kV distribution grid lines.

- In the project we have transported new poles, stones forfoundations, power lines and other materials on the special vehicle we use for such jobs. There was a lot of mud when we worked in the fall, but it was a little easier when it got colder at night, says Olsen-Ruud.

View case images

Customer:
Ishavskraft
Place:
Oslo - Svinesund, Norge
Work done:
Fast chargers for electrical vehicles

On commission from Ishavskraft and the Ishavsveien project, Infratek built the first full service charging stations in the world by the E6 motorway between Oslo and Svinesund in Norway. 

The solution involves several types of quick chargers at every charging point so that it is possible to charge all electric cars – irrespective of make.

View case images

Customer:
A-train
Place:
Stockholm, Sweden
Work done:
Operations and mainenance of the railway installations for Arlanda Express

Since 1999 we have worked with operation and maintenance at the railroad for Arlanda Express, the high speed train between Stockholm Central and Arlanda airport. 

- In this contract, we have the total responsibility, and this means high demands for service, availability and quality, says Leif Andersson, business developer for railways at Infratek.

The agreement was extended in 2012 and lasts until 2016.

Operation and maintenance contract with functional responsibility for engineering structures, tracks, electrical/aerial lines, signals and telecommunications. Telecommunications also covers passenger information systems (PIS), alarm supervision (SCADA), branch exchanges (PABX), closed-circuit television (CCTV), etc.

- We have had a long standing and close cooperation with Infratek, and we have had a common goal of being Sweden’s most accurate train operator. Arlanda Express has now kept this position for 10 years, says Per Thorstenson, CEO at A-train.

 

Customer:
Stokab
Place:
Stockholm
Work done:
Construction of connections

Framework agreement with Stokab concerning the construction of 170,000 connections. 

On commission from Stokab, we were involved in the construction of the largest open fibre network in Europe. The assignment involved contacting property owners to offer connection, project planning the network structure, and performing the actual channelisation and fibre work. 

Customer:
Fortum Distribution
Place:
Sverige
Work done:
Operation and maintenance of 20,000 transformer gauges and measuring systems

The assignment applies to all Fortum licenses in Sweden and includes building, repairs, accredited inspections and modifications of measurement systems that do not meet the requirements for measurement accuracy.

About us

Infratek employs around 1,350 people and is the leading total supplier in the Nordic region within building, operating and maintaining critical infrastructure. Our head office is in Oslo, and we have several offices across Norway, Sweden and Finland.

Infratek plays an important role in society by ensuring that the fundamental infrastructure functions appropriately. As an estimate, more than two million people in the Nordic region are dependent on the work we do for our customers every day. We deliver a broad range of services in the fields of power supply, railway systems and lighting.