Skanska to build data centers in southeast USA for $1.2 billion
Skanska has signed a contract with an existing client to build four new data centers in the southeastern United States. The contract is valued at $1.2 billion.
Construction company Skanska has entered into an agreement with a repeat client for the construction of four new data centers in the southeastern region of the USA. The total value of the contract is $1.2 billion, approximately SEK 11.2 billion.
The project is expected to be included in Skanska's US order bookings for the third quarter of the year. While specific locations or the identity of the client have not been disclosed, Skanska has a history of working with this particular customer.
The demand for data center capacity has surged in recent years, fueled by businesses' increasing reliance on cloud computing, artificial intelligence, and data analytics. This contract reinforces Skanska's role as a significant builder in the North American data center market.
The US remains the world's largest market for data centers, with numerous companies expanding their infrastructure to meet growing digital demands. Skanska's new projects align with this market trend and the company's strategic focus on growth areas.