AF Gruppen’s subsidiary Kanonaden Entreprenad AB will design and construct
roads, foundations and the electricity grid for Vindpark Åby-Alebo on behalf of
Stena Renewable AB. The contract is worth a total of SEK 213 million, excluding
VAT.

Vindpark Åby-Alebo in the municipality of Mönsterås will be the biggest wind
farm in southern Sweden. It comprises 36 wind turbines with a total height of
200 metres, and is expected to generate approximately 500 GWh of renewable
electricity annually. This is the equivalent of enough electricity to run
100,000 detached houses. 

Renewable electricity reduces carbon emissions by around 300,000 tonnes every
year, which is the same amount emitted by ordinary petrol and diesel cars in one
year. 

The construction of Vindpark Åby-Alebo will commence during the spring of 2020,
and the facility is expected to start supplying electricity during the first
quarter of 2022.

"Returning customers is a sign that we are creating value through our projects.
It is particularly gratifying for us to contribute to a new wind farm that will
help the climate for so many years to come," says Bård Frydenlund, EVP Sweden at
AF Gruppen.


For further information:

Bård Frydenlund, EVP Sweden, +47 918 68 621
Andreas Rydbo, CEO AF Gruppen Sweden, +46 709 79 00 03