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Regulatory press release

Instalco: AS Elektrisk wins installation contract with HENT

Read the release

The new retirement home (approximately 11,000 sq. m.) will be built in Hurum, which is near Drammen, Norway. The new retirement home will be able to accommodate 110 residents, providing them with care, physical fitness, rehabilitation, daytime activities and a variety of other services/activities.

AS Elektrisk has been contracted for electrical and telecommunications installations.

"This will be a comprehensive project and an important addition to the community, so we're very happy and proud to be involved. It's a major milestone for Hurum municipality," says Trond Brustad, CEO of AS Elektrisk.

Hurum municipality has set high goals in terms of both energy consumption and the environment, with the intention of obtaining BREEAM sustainability certification at the level "Excellent". It will also be a plus-energy building, in accordance with the FutureBuilt standard, which means that the building will produce more energy than it consumes. Solutions that will be installed to achieve this include solar cells, solar panels and energy wells.

AS Elektrisk will begin the installation work associated with the "Hurum helsehus" project during 2019 and the work is expected to be completed by summer 2021.

For more information
Fredrik Trahn, Head of Communications and IR
phone +46 70 913 67 96, e-mail fredrik.trahn@instalco.se

Instalco is one of the leading installation companies in the Nordic region, active in the areas of heating, plumbing, electricity, cooling and industrial solutions. We work closely with customers, offering all the advantages of a local company, along with efficient collaboration and leadership. The operations are conducted through approximately 60 leading and highly specialised local companies, with the support of a small central organisation. Instalco is listed at Nasdaq Stockholm under the ticker INSTAL. For further information, visit www.instalco.se.

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