Eltel Wins EUR34 Million Transmission Line Project in Finland

Eltel (ELTEL.ST) said it won a transmission line contract worth 34 million euros from Fingrid. The contract marks the Nordic infrastructure service provider's largest single transmission line project in Finland. The company will construct two parallel 400+110 kilovolt transmission lines spanning 43 kilometers. Construction is set to commence in October 2026, with completion expected in November 2028.