Netel's Subsidiary Secures Major Contract Upgrade with Elvia

Netel's subsidiary, Nett-Tjenester, has announced a significant contract with the Norwegian energy company Elvia, valued at approximately 70 million NOK. The agreement focuses on the upgrading of transformer stations located in Gjestad, Dal, and Garder, further solidifying Netel's presence and growth in the Norwegian energy sector.

This contract marks a pivotal development for Netel as it continues to expand its operations across Scandinavia. The enhancements at these transformer stations are expected to improve energy efficiency and reliability, benefiting local communities and aligning with broader energy initiatives in the region.

Netel's commitment to the Norwegian market not only highlights its strategic growth trajectory but also reflects an increasing demand for infrastructure improvements in energy as the region transitions towards more sustainable solutions.

Nett-Tjenester's successful bid for this project showcases the company’s capabilities and underscores its role in supporting Norway's energy transition, affirming its standing as a key player in the Nordic energy landscape.