ININ GROUP AS ININ NON-REGULATORY PRESS RELEASES

ININ Power enters new contracts worth a total of approx. 42 MNOK

28. August 2026 kl. 10:45

ININ Power, through its Norwegian contracting subsidiary B45, has entered into three new contracts with a combined value of approximately NOK 42 million.

The largest of the contracts has been signed with Consto AS and relates to concrete works in connection with the construction of the new radiotherapy centre in Skien. Consto AS holds the main contract for the project through a design-and-build contract with collaborative delivery. The new building will have a floor area of approximately 3,000 sqm.

ININ Power's contract covers the concrete works and has a value of NOK 32 million, excluding VAT. The work is scheduled to start in the second half of October 2026 and is expected to continue until August 2027.

In addition, ININ Power has entered into a contract with Føre AS for works at the Oterholtfoss power plant, with a contract value of approximately NOK 7 million. The company has also entered into a contract with Seljord municipality for works related to a smaller bridge in Seljord, valued at approximately NOK 3 million.

Together, the three contracts represent a combined order intake of approximately NOK 42 million.

“We are very pleased to have secured these contracts. The radiotherapy centre in Skien is a significant project for us and provides good activity levels into 2027. Together with the contracts within power and infrastructure, this demonstrates the breadth of our business and strengthens our order backlog going forward,” says Anders Granshagen, CEO Qben Infra

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