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Eltel receives contract award decision from Vattenfall worth EUR 275 million

MAR

Vattenfall Eldistribution has today, subject to a 10-day standstill period as described below, awarded Eltel a service and maintenance agreement for the geographical areas named Roslagen and Uppland. The contract period is four years, with four option years. The initial four-year period amounts to a contract value of approximately EUR 137.5 million and the total contract value, including the option years, amounts to EUR 275 million.

The contract covers service and maintenance of Vattenfall’s electricity network and includes maintenance of power and communication networks, fault repair in power and communication networks, customer-related services, network connections, projects, and metering.
 
The award decision is subject to a standstill period, which ends on 18 June 2026, during which other suppliers may appeal the decision made by Vattenfall Eldistribution. Assuming there is no appeal, the final contract is expected to be signed on 22 June 2026. The agreement then enters into force on 1 February 2027.