Skanska secures USD 84 M contract to build a data center in Georgia, USA, boosting its US order book for Q3 2026
Executive summary: Skanska signed a contract to build a data center in Georgia, USA, worth USD 84 million. The contract adds to Skanska’s US order book for Q3 2026 and signals continued investment in US data‑center infrastructure.
Who is involved: Skanska (contractor) and an unnamed existing client (customer) in the data‑center sector.
Likely next: Construction is expected to commence later in 2026, with the project contributing to Skanska’s revenue as work progresses.
On September 22 2026, Swedish construction group Skanska announced a contract with an existing client to construct a data center in the state of Georgia. The deal is valued at USD 84 million (approximately SEK 780 million) and will be recorded in the company’s US order bookings for the third quarter of 2026. The addition expands Skanska’s presence in the growing US data‑center construction market.
What's next — scenarios
Base: project proceeds as scheduled (70%)
Skanska recognizes revenue from the data‑center build over 2026‑2027, adding roughly USD 84 M to order book.
- Start of site work by Q4 2026
- No major permit delays reported by Georgia authorities
- Client maintains funding commitment
Upside: expansion to additional phases (20%)
Client approves a second phase, increasing contract value by ~USD 30 M and extending Skanska’s workload into 2028.
- Client announces phase‑2 approval by Q1 2027
- Skanska secures additional financing
- Local incentives for data‑center expansion remain available
Downside: project delay or cancellation (10%)
Skanska faces a delay of ≥6 months or contract termination, reducing Q3‑Q4 2026 order book by up to USD 84 M.
- Permit denial or significant delay reported by Georgia authorities
- Client cites budget cuts and pauses project
- Construction labor shortages cause >30 % schedule slip
Timeline
- — Skanska to build a data center in Georgia, USA, worth USD 84M, about SEK 780M (PR Newswire)
- — EverPeak® expands to Georgia: instant, online workers' comp insurance for small businesses (PR Newswire)
Analysis — what this means
Sectors affected
- Data center construction
- Georgia commercial construction
- US telecommunications infrastructure
Key entities
Sources
- Skanska to build a data center in Georgia, USA, worth USD 84M, about SEK 780M — PR Newswire
- EverPeak® expands to Georgia: instant, online workers' comp insurance for small businesses — PR Newswire
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