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Scana ASA ( (DE:1MP) ) has shared an update.
Scana-owned PSW Power & Automation AS has secured a significant contract to supply emergency power modules for data center terminals, under a framework agreement signed in late 2024. This contract, valued between NOK 25 million and NOK 75 million, will commence immediately with delivery expected in Q1 2026, contributing to Scana’s order backlog of approximately NOK 1.3 billion.
More about Scana ASA
Scana ASA is an industrial owner specializing in technology and services for the energy and offshore industries. With a history dating back to the early 1900s, Scana has established itself as a leader in technology and innovation, focusing on quality and value creation. The company is headquartered in Bergen and employs over 600 people. PSW Power & Automation, a subsidiary of Scana, provides solutions in electrification and renewable energy, specializing in electrical power systems and energy storage.
YTD Price Performance: -39.02%
Average Trading Volume: 488,139
Current Market Cap: NOK808.3M
For detailed information about 1MP stock, go to TipRanks’ Stock Analysis page.