7 July 2026: EQVA ASA ("EQVA") has, through its subsidiaries, signed a contract
with Data Center Installations ("DCI") for multidisciplinary industrial
deliveries to data centre projects in Norway. The contract is of significant
size for EQVA, including options.
EQVA's scope comprises prefabrication and installation of piping systems,
mechanical installation, electrical services and commissioning support. The
deliveries will be executed through a multidisciplinary set-up across EQVA
companies, including BKS Industri, Kvinnherad Elektro and Einar Øgrey Farsund.
"This contract confirms our relevance in the data centre market and demonstrates
the strength of EQVA's multidisciplinary delivery model. By combining capacity
and specialist competence from several EQVA companies, we are well positioned to
support DCI in efficient and repeatable project execution," says Olav Hilmar
Koløy, CEO of EQVA.
The data centre segment is characterised by strong demand, high activity growth
and opportunities for repeatable project deliveries. For EQVA, the segment is
considered strategically attractive due to its need for significant capacity for
our multidisciplinary industrial services.
For more information, please contact:
Olav Hilmar Koløy, CEO EQVA, +47 911 58 829
About contract sizes in EQVA:
A large contract is defined as being between NOK 25 million and NOK 50 million.
A major contract is defined as being between NOK 50 million and NOK 100 million.
A significant contract is defined as being above NOK 100 million.
About EQVA ASA
EQVA is a full-service provider of industrial services, built on development and
long-term ownership of strong and complementary industrial companies. EQVA's
customers include leading industrial players across smelting operations, process
industry, aquaculture, the maritime sector, and offshore. The Group's core
competencies span engineering services and mechanical solutions, steel
structures, piping and tank systems, ventilation, power and automation, as well
as the development and operation of hydropower plants.
EQVA combines organic growth with targeted acquisitions to strengthen cash flow,
core operations, and its geographical footprint. Portfolio companies operate
with a high degree of autonomy, within clearly defined frameworks for
governance, reporting, and shared support functions. This model enables
efficient operations, economies of scale, and the realization of synergies -
while preserving close proximity to customers and end markets.
EQVA's asset-light model and strong focus on cash generation support an
attractive capital structure and enable profitable growth over time. With more
than 700 specialized employees and a strong presence across several of Norway's
key industrial regions, EQVA is well positioned for continued growth.
For more information, visit www.eqva.no.
is well positioned for continued growth. \
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For more information\, visit www.eqva.no.\