Skanska AB (SKSBF.PK,SKAb.ST), a Swedish construction company, said on Tuesday that it has inked a contract of $256 million to build a new data center in the US.
The project involves construction of a data center, including the building shell and interior fit-out for technical spaces, support areas, and office functions.
The company will start the construction in the first quarter of 2026, and the work is expected to be completed in the third quarter of 2027.
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April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.