Skanska Clinches New Contract to Build Additional Data Center Facilities in Virginia

2025-12-26 02:37:26

Abstract generation in progress

Construction and project development firm Skanska has clinched a fresh agreement with its existing partner to expand data center operations in Virginia, USA. The newly signed contract carries a valuation of $105 million—equivalent to approximately 1 billion Swedish kronor—and will be recorded in the company’s US order bookings for the fourth quarter of 2025.

Project Scope and Timeline

The scope of work encompasses the interior construction and outfitting of the remaining three data halls, each measuring 4,300 square meters. According to the announcement, construction activities are currently in progress, with the project targeted for completion by the first quarter of 2027. This timeline reflects a structured phased approach to delivering the facility’s remaining operational components.

About the Developer

Skanska Group operates as a major player in project development and construction services. The company maintains a strategic presence across key markets throughout the Nordic region, Europe, and the United States, positioning itself to capture significant infrastructure and real estate opportunities across these geographies.

The milestone underscores continued demand for data center capacity in North America, particularly as organizations expand their digital infrastructure requirements to support growing computational and storage needs.

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