Eltel Books EUR20 Million Grid Connection Order for Data Center Project in Finland

Eltel (ELTEL.ST) said Friday it secured the 20 million-euro contract to establish grid connection for data center developer FCDC's project in Karjaa, Finland. The term of the contract is until the end of 2027. The critical infrastructure services provider will deliver a 110-kilovolt substation and cable works to connect the data center to the country's national transmission grid as part of the deal.