Skanska takes a $1.2bn order to build four US data centres for an unnamed client

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Skanska has signed a $1.2bn contract to build four data centres in the southeastern United States, the largest single data centre order the Swedish construction group has announced. The client is an existing customer, and Skanska is not saying who it is.

The four buildings will total around 75,000 square metres, or roughly 808,000 square feet, and Skanska’s scope covers the shell and the interior fit-out for technical spaces, support areas, and office functions. Construction starts in the third quarter of this year and is expected to finish in the third quarter of 2028.

The contract, worth about SEK 11.2bn, will be booked in Skanska USA’s order intake for the third quarter. In a sector where announcements often outrun contracts, that detail is the one that matters, because order bookings are audited and press releases are not.

It is also the kind of order that has been reshaping the industrial...

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