Skanska US Secures $1.2 Billion Data Center Contract

en.Wedoany.com Reported - On August 20, Skanska signed a construction contract valued at $1.2 billion (approximately SEK 11.2 billion) with an existing client to build four data centers in the southeastern United States. The contract value will be included in the company's U.S. market order backlog for the third quarter of 2026. The client's name and the states where the projects are located were not disclosed.

The four data centers will have a combined gross floor area of approximately 75,000 square meters. The scope of work includes the building structures, interior fit-out of technical spaces, and supporting office and ancillary areas. Construction is scheduled to begin in the third quarter of 2026, with full completion expected in the third quarter of 2028.

The contract amount represents the value of the construction work undertaken by Skanska and does not reflect the total investment in the four data centers. Under the defined scope of work, Skanska will be responsible for the building structures and interior construction required for the mechanical and electrical technical spaces. Whether server, network equipment, and other information technology systems are included in the contract was not specified.

Skanska has recently continued to secure data center projects in the United States. On August 13, the company signed a contract worth $238 million for an additional data center in Virginia, covering the construction of a 22,000-square-meter data center, five data halls, and underground utilities, with completion scheduled for May 2028. The scale of this four-data-center contract is significantly larger than its recent single-project awards and will be booked into the third-quarter order backlog simultaneously.