Bergen, 27 March 2026: Scana-owned PSW Power & Automation AS has signed the
contract with the customer for the delivery of a Megawatt Charging System at the
first of two locations covered by the contract award announced on 2 February
2026 (Scana ASA: Scana company informed of contract award for Megawatt Charging
Systems). The contract for the first location is a contract of sizeable value
(1) for the company. The project commences immediately with planned delivery in
Q1 2027.

(1) A sizeable contract is defined to be between NOK 25 million and NOK 75
million.
(2) A substantial contract is defined to be between NOK 75 million and NOK 150
million. 
(3) A large contract is defined to be between NOK 150 million and NOK 250
million. 
(4) A very large contract is defined to be over NOK 250 million.

For the second location, Scana will revert to the market as soon as relevant
information is available.

For more information, please contact:

Baste Tveito, CEO, Scana ASA, +47 916 69 641

Scana in brief
Scana is an active industrial owner of technology and services to both the
energy and offshore industries. With an industrial history dating back to the
early 1900s, Scana has evolved to become a leader in technology and innovation.
This journey has provided a unique position to shape solutions for tomorrow,
driven by extensive industrial experience combined with quality and value
creation. Scana is headquartered in Bergen and has around 500 employees.
www.scana.no

PSW Power & Automation in brief
PSW Power & Automation delivers complete solutions within electrification and
renewable energy. The company specializes in the design and integration of
electrical power systems, electrical infrastructure, energy storage systems, and
control systems. www.pswpower.no