Swedish Construction Group Secures Contract to Build Power Plant in New York

Wed October 09, 2002 - National Edition

Swedish construction group Skanska said Wednesday, Oct. 2 that it has secured a contract worth $150 million to build a power plant in New York City.

It is Skanska’s seventh power plant contract in the New York area since 2000, the company said in a statement.

The contract with Consolidated Edison Co. of New York Inc. includes the procurement of bulk materials and installation of equipment for a combined heat and power generation plant at the utility’s East River Generating Station.

Skanska’s U.S. unit Slattery Skanska, will do structural, mechanical, electrical and other work, including the installation of major equipment like gas turbines and heat recovery steam generators.

The project was scheduled for completion in May 2004.

Skanska, with headquarters in Stockholm, has 79,000 employees worldwide.