Aeron, a company within AF Gruppen, has been awarded a contract by the steel
producer Stegra for the delivery of ventilation systems (HVAC) to their new
production facility in Sweden. The agreement is valued at approximately NOK 200
million excluding VAT.

The agreement includes detailed engineering, design, procurement, and assembly
of HVAC systems.

Stegra will produce green steel in the new facility. By using green hydrogen and
fossil-free electricity as energy sources instead of coal, the company will
significantly reduce carbon emissions. The company aims to produce 5 million
tons of green steel annually from the facilities in Boden, Sweden, by 2030.

"We are proud to have been awarded this important contract. This is a new step
forward in our commitment to renewable energy, and we look forward to
collaborating with our customer and partners to ensure the successful completion
of the project", says Lars Myhre Hjelmeset, Executive Vice President at AF
Gruppen.

Engineering starts immediately, with equipment delivery and completion in 2025.


For further information:
 
CEO AF Gruppen: Amund Tøftum, tel. +47 920 26 712
EVP Offshore AF Gruppen: Lars Myhre Hjelmeset, tel. +47 970 39 084