Bergen, 18 October 2024: Scana-owned PSW Power & Automation has signed a frame
agreement with a Swedish energy company for the delivery of Battery Energy
Storage Systems (BESS). The agreement relates to design, delivery, installation,
commissioning, adjustment, and handover of BESS in accordance with the framework
description. 

The framework agreement will commence in Q4 2024 and extend for a period of 2
years, with the possibility of three additional 2-year extension options. The
framework agreement does not entail any delivery obligations but specifies a
maximum delivery volume classified as a large-scale agreement(3).

"The ongoing energy transition will require a large scaleup of Battery Energy
Storage Systems going forward. This frame agreement represents a great
opportunity and potential for the company and confirms our position and
establishment in the Swedish market," says Eirik Sørensen, Managing Director of
PSW Power & Automation.


(1) A sizeable contract is defined to be between NOK 20 million and NOK 50
million.
(2) A substantial contract is between NOK 50 million and NOK 150 million. 
(3) A large contract is over NOK 150 million.


For more information, please contact:
Pål Selvik, CEO, Scana ASA, +47 970 46 502
Eirik Sørensen, Managing Director, PSW Power & Automation, +47 936 78 233


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

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 above 600 employees.
www.scana.no