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Netel Wins SEK99 Million Deal to Rebuild, Expand Distribution Substation in Sweden

MT Newswires·10/27/2026 07:51:07
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07:51 AM EDT, 10/27/2026 (MT Newswires) -- Netel (NETEL.ST) secured a 99 million-krona turnkey contract from an unnamed electricity grid company to reconstruct and expand a distribution substation in Botkyrka, Sweden. The Swedish critical infrastructure group will upgrade the facility to 130 kilovolts from 70 kV, with completion scheduled for summer 2029, according to a Tuesday release.