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Skanska awarded USD 241M contract for data center in Arizona, USA

Oct 02, 2024•over 1 year ago

Contract Type

contract

SwedenConstruction

Description

Skanska has signed an additional contract with an existing client to build a USD 241M data center in Arizona, USA, as part of the US order bookings for the third quarter of 2024. The project consists of a single-story data center totaling approximately 22,800 square meters. Work will begin in October 2024 and is scheduled for completion in the second quarter of 2026.

Company Information

Company

Skanska

Location

Sweden

About

Skanska is a prominent global construction and project development company, established in 1887 in Malmö, Sweden. Initially a manufacturer of concrete products, it has evolved into one of the world's largest construction firms, specializing in infrastructure projects such as roads, bridges, tunnels, and airports. Headquartered in Stockholm, Skanska operates extensively in Europe and the United States, having expanded significantly since entering the U.S. market in the 1970s. The company offers a range of services, including large-scale construction, project development for commercial properties, and specialized construction techniques. Skanska is committed to sustainability and innovation, integrating these principles into its design and construction processes. With a workforce of around 38,000 employees and annual revenues exceeding SEK 170 billion, Skanska serves a diverse clientele, including public sector clients and private developers, and is involved in notable projects like subway systems in New York and Washington D.C.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.