Qben Infra: Subsidiary awarded long-term agreement
Laje AS, part of Qben Power, has been awarded an agreement by Norwegian grid operator Elvia to provide on-call services for repairs of power lines and poles.
The agreement is valid for two years, plus two two-year options (2+2+2). Laje estimates that the agreement could generate revenues of between NOK 15-20 million annually. If all options are exercised, the agreement could potentially generate revenues of between NOK 90 and 120 million during the next six-year period.
Laje’s scope involves on-call support to mobilise grid technicians to fix power lines, poles and other equipment that, for example, are impacted by adverse weather conditions or other factors.
Elvia is responsible for operation, maintenance and development of the power grid in the Norwegian counties of Oslo, Innlandet, Akershus and Østfold.
Laje is a focused infrastructure construction and service company within the energy infrastructure, telecom and electrification sector. The company’s business is divided into three business segments: energy infrastructure, telecom and electrification, all focusing on the ongoing electrification and digitalization megatrends.
For further information, please contact:
Anders Granshagen, Qben Power; tel: +47 911 98 444
About Qben Infra
Qben Infra invests in and develops companies within infrastructure services in the Nordics. The company operates in niche markets driven by strong growth trends, substantial government investments, and opportunities for consolidation and strong expansion – such as rail and power grids. The strategy includes driving organic growth, reinforced by selective M&A and synergy realization. For more information, visit qben.se.