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AFRY, through its subsidiary Advansia, was awarded two framework agreements by Statnett for project management and engineering services to develop Norway's transmission network. The estimated value is approximately NOK 130 million per year for four years.
Norwegian TSO Statnett awarded two framework agreements to Swedish construction company Advansia, part of AFRY.
The North Sea Link, a 730km subsea electricity interconnector between the UK and Norway, is scheduled to be commissioned in 2021. The project is a joint venture between National Grid North Sea Link and Statnett, with an estimated investment of €2 billion.