Skanska signs $1.2 billion contract for four US data centers

Skanska has secured a contract worth approximately $1.2 billion, equivalent to about SEK 11.2 billion, from an existing client to build four data centers in the southeastern United States. The project covers roughly 75,000 square meters, or 808,000 square feet, and includes shell construction and interior fit-out for technical spaces, support areas and offices. Work is scheduled to start in the third quarter of 2026 and finish in the third quarter of 2028. The Stockholm-based construction group has not disclosed the facilities' locations or identified the client. The award will be recorded in Skanska's US order bookings for the third quarter of 2026 and strengthens its exposure to expanding demand for data-center and digital infrastructure.

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