Sweden's Skanska to build US data centre for $191 million

10.03.2026 dpa

Photo: Marijan Murat/dpa

Swedish construction and development company Skanska AB said on Tuesday that it has signed a contract with an existing client to build a new $191 million data centre in the United States.

The construction is scheduled to begin in the first quarter of 2026 and is expected to be completed in the third quarter of 2027.

The order will be included in the company's US order bookings for the first quarter of 2026, it said.

The project includes construction of the data centre building shell and interior fit-out for technical spaces, support areas and office functions.

Skanska is currently trading 3.41% higher at 263.60 Swedish kronor ($28.91) on the Stockholm Stock Exchange.

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