Skanska wins USD 70 million Penn Station prep works contract in New York

  • Skanska won a USD 125 million contract for preparatory works on the Penn Station Transformation Project in New York.
  • Order booked in Q2 2026 US intake for about USD 70 million, reflecting its share of a 55/45 joint venture with Halmar.
  • Work scheduled to start in June 2026, with the preparatory phase expected to finish at end-2027.
  • Skanska and Halmar were named master developer via Penn Transformation Partners under a pre-development agreement with Amtrak and USDOT.


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 Cision (Ref. ID: 202606220800BITN____UKPR__SV_20260622-BIT-0059-0) on June 22, 2026, and is solely responsible for the information contained therein.

This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.