Snapshot from Jul 24, 2026 at 07:00 UTC. For live data and tracking: View Live
Events / Business / Skanska wins Virginia data center contract
Business contract award

Skanska wins Virginia data center contract

Analysis based on 14 articles · First reported Jul 03, 2026 · Last updated Jul 03, 2026

Sentiment
60
Attention
4
Articles
14
Market Impact
General
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Market Impact

The market is positively impacted by this news, as Skanska's stock price rose on the Nasdaq Stockholm. The contract signifies continued growth and revenue for Skanska, particularly in the construction sector within the United States.

Construction Technology
Event Summary

Skanska has secured an initial contract worth USD 94M (approximately SEK 870M) with an existing client to construct a 19,500 square-meter data center in United States — West Virginia, United States. This project, which includes four data halls, associated site work, and underground utilities, will be the second building on the campus. Construction is slated to commence in October 2026 and is expected to conclude in May 2028. The contract value will be included in Skanska's U.S. order bookings for the second quarter of 2026, contributing to the company's financial performance.

Key Actions
100 Skanska signed contract
80 Skanska signed agreement
Entities Involved
stock
Skanska
Skanska secured a contract worth USD 94M to build a data center in United States — West Virginia, which will positively impact its U.S. order bookings for Q2 2026 and its stock price.
Importance 100.0 Sentiment 70.0
loc
United States — West Virginia
United States — West Virginia is the location for the new data center construction, indicating economic activity and development in the region.
Importance 50.0 Sentiment 20.0
cnt
United States
The United States is the country where the data center will be built, contributing to its infrastructure development.
Importance 50.0 Sentiment 20.0
index
U.S. Dollar Index
The U.S. Dollar Index is the primary currency in which the contract value is stated.
Importance 10.0 Sentiment 0.0
curr
Sweden — Swedish krona
The Sweden — Swedish krona is mentioned as the equivalent value of the contract in SEK, providing a currency conversion reference.
Importance 10.0 Sentiment 0.0
exch
Nasdaq Stockholm
The Nasdaq Stockholm is where Skanska's shares are traded, and its closing price was mentioned in relation to the contract announcement.
Importance 10.0 Sentiment 0.0
Relationships
United States related ↔ U.S. Dollar Index
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