Netel has signed a framework agreement with Elvia covering approximately half of Oslo Municipality, which is a new geographical area for Netel. At the same time, Netel has received renewed confidence from Elvia for the Søndre Follo area, south of Oslo. Both framework agreements are four-year contracts with a total value of more than MNOK 110.
Both agreements concern the delivery and connection of lines and upgrades of the distribution networks. Both geographical areas are characterised by high activity with significant needs for upgrades and new connections.
“The agreement strengthens our position in an important region,” says Jeanette Reuterskiöld, President and CEO of Netel. “With the new agreement for the municipality of Oslo, we have once again demonstrated that our strategy of expanding into neighbouring geographical areas is successful.”