The project will use 100% fossil-free fuels for all vehicles and machinery within the work area. Credit: Dundee 2022 via Shutterstock.

Skanska has signed a contract, valued at approximately Skr300m ($27.40m), with the Exploitation Office of the City of Stockholm for site preparation work at Årstafältet, located south of Stockholm, Sweden.

The deal will be included in the fourth-quarter (Q4) order bookings for Skanska Sweden for 2024.

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The project will focus on ground and utility work, including elements of landscaping, and is set to begin in March 2025.

The contract encompasses extensive soil reinforcement, complex new installations and relocations of utilities, as well as the construction of service roads.

The project is committed to environmental sustainability, planning to use 100% fossil-free fuels for all vehicles and machinery within the work area. This will also apply to the transportation of materials such as soil, rock, ballast, and asphalt to and from the site.

The work is scheduled to commence in March 2025 and is expected to reach completion during Q1 2028.

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Skanska, a global project development and construction company, reported revenues of Skr157bn in 2023. The company’s operations span across the Nordics, Europe, and the US, leveraging the expertise of approximately 27,000 employees.

Earlier this month, Skanska secured a contract with WS Computing for the construction of a hyperscale data centre in Skien municipality, Norway.

The Nkr569m contract involves the core and shell construction of a new facility covering 28,000m², with an anticipated completion by December 2025.

Additionally, Skanska obtained a £197m contract this month for an office development project in London’s Mayfair, with the project expected to be finalised in July 2027.