ININ Group AS: Subsidiary wins another contract with Elvia
Norway, Oct. 28 -- ININ Group's wholly owned subsidiary Laje AS has been awarded a one-year technical support agreement by Norwegian grip operator Elvia. As part of the agreement, Laje will support Elvia's operations, maintenance projects and new infrastructure projects. Laje estimates that the one-year agreement could generate revenue of between NOK 40 and 50 million. Elvia is responsible for operation, maintenance and development of the power grid in the Norwegian counties of Oslo, Innlandet, Akershus and Ostfold. Inin Group's majority owner is Stockholm-listed Qben Infra AB. Laje is the main platform company in Qben Infra's Power niche. Laje is a focused infrastructure construction and service company within the energy infrastructure, te...
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