Scana company signs previously awarded contract for Megawatt Charging System

PSW Power & Automation AS has signed the contract with the customer for the delivery of a Megawatt Charging System at the first of two locations covered by the contract award announced on 2 February 2026 (Scana ASA: Scana company informed of contract award for Megawatt Charging Systems).

The contract for the first location is a contract of sizeable value (1) for the company. The project commences immediately with planned delivery in Q1 2027.

(1) A sizeable contract is defined to be between NOK 25 million and NOK 75 million.
(2) A substantial contract is defined to be between NOK 75 million and NOK 150 million.
(3) A large contract is defined to be between NOK 150 million and NOK 250 million.
(4) A very large contract is defined to be over NOK 250 million.

For the second location, Scana will revert to the market as soon as relevant information is available.

PSW Power & Automation in brief
PSW Power & Automation delivers complete solutions within electrification and renewable energy. The company specializes in the design and integration of electrical power systems, electrical infrastructure, energy storage systems, and control systems. www.pswpower.no