Skanska wins USD 70 million Penn Station early contractor involvement deal in New York
- Skanska and Halmar, via Penn Transformation Partners, were appointed master developer for Amtrak’s Penn Station Transformation Project in New York.
- Penn Transformation Partners signed a pre-development agreement with Amtrak, backed by the U.S. Department of Transportation, ahead of a planned P3.
- A Skanska-Halmar 55/45 construction joint venture won early contractor involvement work worth USD 125 million; Skanska’s share is about USD 70 million.
- Skanska expects to book about SEK 630 million in U.S. orders in Q2 2026 related to the early contractor involvement scope.
- Pre-development work starts in June 2026; the phase is expected to complete toward end-2027.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Skanska AB published the original content used to generate this news brief via PR Newswire (Ref. ID: EN88753) on June 22, 2026, and is solely responsible for the information contained therein.
