LAJE wins NOK 125 Million Power Line Reconstruction Contract from Lede

LAJE AS, a subsidiary of Qben Power, has secured an estimated NOK 125 million contract from grid operator Lede. The project involves reconstructing the 132 kV power line at the Gulliåsen transformer station in Norway, with final completion scheduled for November 2030.

LAJE AS, a primary operational arm of Qben Power, has been selected as the main contractor by grid operator Lede for a major power line reconstruction project at the Gulliåsen transformer station in Norway. The agreement, valued at approximately NOK 125 million, tasks LAJE with the extensive reconstruction and installation of 132 kV overhead power lines supported by steel poles, along with comprehensive foundation, material, and line work. Final execution follows the expiration of the mandatory waiting period on August 17, 2026, with full project completion targeted for November 2030.

This major contract win significantly bolsters Qben Power's total order book, elevating its project backlog beyond NOK 1.00 billion. Rebuilding and upgrading the existing 66/132 kV route to the new Gulliåsen facility addresses pressing regional transmission needs. The scope of work encompasses delivering line equipment, performing crucial testing, inspection, and quality assurance, and managing health, safety, and environment (HSE) protocols in close coordination with grid authorities and specialized subcontractors.

The initiative reflects a broader trend across the Nordic region to modernize aging grid infrastructure and expand central capacity to accommodate growing electrification demands. As European power markets increasingly rely on stable and high-capacity distribution networks, large-scale upgrades to regional transformer stations play a fundamental role in maintaining supply reliability and integrating diverse energy loads into the regional grid.

For Qben Infra AB and its subsidiary LAJE, securing this long-term assignment reinforces their position as specialized contractors in northern European energy infrastructure. The multi-year duration provides consistent revenue visibility through 2030 while positioning the group to capture further high-value grid modernization opportunities across the expanding Nordic market.

LAJE AS is a specialized Norwegian contractor focused on the development, construction, and maintenance of power line and grid infrastructure. Lede is a major regional grid owner and electricity distribution operator in Norway, responsible for maintaining high-voltage transmission lines and sub-station networks.