ININ Group: Subsidiary awarded significant contract for framework agreement with GlitreNett

25.04.2025 - Hadeland Elektro AS, a subsidiary of Nordic Infrastructure Group,
has been awarded a framework agreement for contractor services in the GlitreNett
East area. After a comprehensive evaluation, Hadeland Elektro was selected for
the assignment with the best weighting in terms of price, quality, and
environment. The contract period runs from May 2025 for 2 years, with up to 4
years extension (2+1+1). The delivery includes construction, operation,
maintenance services, as well as emergency and preparedness services. 

The framework agreement has an upper financial limit of NOK 250 million over 6
years, with an estimated annual value of NOK 30 million. GlitreNett is the
second largest network customer in Norway with over 320,000 network customers. 

The closing date for submission of complaints is 05.05.2025.
(ENDS)

For further information, please contact:
Leif Chr. Salomonsen, Interim CEO of Inin Group AS, Tel: +47 992 42 888

About ININ Group AS
ININ Group is a listed investment company operating as an industrial owner with
investments in companies within infrastructure and industry services niches in
the Nordics. The group create value by identifying investment opportunities
within profitable niches with potential for development, consolidation and
growth, working in collaboration with the platform companies to deliver
sustainable growth and superior profitability. For more information, please
visit: www.inin.no