Skanska has signed a contract with an present consumer to construct 4 new information facilities within the southeast area of the USA, a deal value USD 1.2 billion (about SEK 11.2 billion), the Swedish building group introduced on August 20, 2026, in an organization launch. The total worth will probably be booked into Skanska’s US order bookings for the third quarter of 2026.

The mission covers 4 buildings totaling roughly 75,000 sq. meters (808,000 sq. ft). Skanska’s scope is the shell building plus inside fit-out of technical areas, help areas, and workplace features (the civil and constructing work that surrounds the racks, not the IT gear inside them). Development begins within the third quarter of 2026 and is predicted to finish within the third quarter of 2028, a two-year construct window.

The consumer is unnamed, recognized solely as an present consumer, the identical formulation Skanska utilized in its latest Virginia and Georgia data-center releases.

A $1.2B Shell-And-Match-Out Award, Not a Powered-Shell Wager

The contract’s form is as informative as its measurement. At roughly $16,000 per sq. meter throughout 75,000 sq. meters of technical and help house, that is constructing work — concrete, metal, envelope, and the completed inside of the information halls and workplace areas. The servers, networking, and the facility prepare that energizes them sit outdoors Skanska’s line.

Development begins within the third quarter of 2026 and is predicted to finish within the third quarter of 2028.

By the Numbers

  • USD 1.2 billion (about SEK 11.2 billion): complete contract worth
  • 4: new information facilities below the contract
  • ~75,000 sq. meters (808,000 sq ft): mixed constructing footprint
  • Q3 2026 → Q3 2028: building begin to anticipated completion
  • SEK 179 billion: Skanska Group 2025 income, per the corporate
  • ~25,900: Skanska Group staff

Skanska’s Working Knowledge-Heart Ebook within the US Southeast

The $1.2 billion award is the most important single data-center contract Skanska has introduced, and it lands on prime of a gentle cadence of repeat work in the identical area and for a similar class of unnamed shoppers. On August 13, 2026, the corporate signed a USD 238M contract for a 22,000-square-meter, five-data-hall constructing in Virginia, the second constructing on that campus, with building operating from August 2026 to Might 2028. A month earlier, on July 3, 2026, it booked a USD 94M preliminary contract for a 19,500-square-meter, four-data-hall constructing, additionally the second construction on an present Virginia campus.

Georgia has been the opposite anchor. On April 9, 2026, Skanska signed a USD 75M contract for a knowledge heart there, adopted on June 23, 2026, by a USD 255M supplemental award for a 22,700-square-meter constructing with 5 information halls and an administration fit-out, on a schedule that started in March 2026 and runs to the primary quarter of 2028.

Learn collectively, the sample is a contractor that has turn out to be a repeat builder on multi-building campuses for a small set of huge patrons, with every campus expanded building-by-building because the consumer’s capability plan corporations up. The economics Skanska is capturing are the civil-works share of the AI buildout — the phase of capex that flows no matter which accelerator vendor wins the cluster, and one which books into the steadiness sheet as signed order backlog slightly than a forecast. That very same build-vs-equip break up has been the operating theme in Unite.AI’s infrastructure protection, from NVIDIA’s case for AI factories as an investable asset class to the capital constructions behind campus-scale initiatives in items like International AI’s senior secured credit score facility for sovereign AI information facilities and Cisco’s $4B quarter of AI networking orders, which sits on the tools aspect of the identical campuses.

What Occurs Subsequent

Development on all 4 buildings begins within the third quarter of 2026. The contract worth flows into Skanska’s US order bookings for that quarter, which the corporate reviews with its Q3 2026 interim outcomes. Anticipated completion is the third quarter of 2028.