Rejlers signs long-term contract with Fingrid

Regulatory News:

Fingrid chooses Rejlers (STO:REJL) as an energy measurement and quality information supplier of Finnish nationwide high-voltage grid. The value of the agreement is 1.4 million euros.

Daily over 3.5 million measurement values of the nationwide high-voltage grid are collected and transmitted by the service. Fingrid´s possibilities to analyze delivery reliability and interferences improves by Rejlers' skills and well developed solutions for data collection and quality insurance.

The agreement covers years 2014 – 2018, including option for additional two years.

Fingrid is the enterprise which takes care of the functioning of the nationwide high-voltage grid, the backbone of electricity transmission. They transmit electricity continuously from electricity generating companies to distribution network companies and industrial companies.

Rejlers is one of the largest engineering consultants in the Nordic region. Our 1,600 experts work with projects within the areas of Building and property, Energy, Industry and Infrastructure. With us, you will meet specialist engineers with the breadth, cutting edge expertise and not least energy to create the results you want. We continue to grow rapidly and our activities are spread across 70 locations in Sweden, Finland, Norway and Russia. Rejlers has revenue of approx. SEK 1.3 billion and its B-shares are listed on the Nordic list of Nasdaq OMX.

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