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Skanska secures $67m contract to construct new substation in US

Swedish construction company Skanska signed a contract with the Trust for Governors Island to construct a new substation on Governors Island, New York City (NYC), US.

The contract, valued at $67m, will be recorded in Skanska’s US order bookings for the third quarter (Q3) of 2025.

The project involves both preconstruction and construction services for a 27kV enclosed substation.

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