Finnish construction company YIT and Sunnfjord Energi AS, a Norwegian power company, are cooperating on the construction of a new hydropower plant in Western Norway. The value of the contract is €32 million. The work will begin in July 2018, and it will be completed in December 2020.
The new hydropower plant, named 'Jølstra', will be built close to the city of Førde. The contract covers the construction of a power plant, including water intake, power station and approximately 7km of tunnel.
“We have a strong position in infrastructure construction solutions and services in the Nordic and Baltic countries. This contract is a good example of projects where our special expertise in energy sector construction plays a crucial role,” says Harri Kailasalo, Executive Vice President of YIT’s Infrastructure projects segment.
The company had previously built a similar hydro power plant in Norway, and has also been involved in power plant projects with foundation engineering or renovation work in Sweden and in Finland.