The new series compensation station in Isovaara will enable improved transmission capacity for electricity from the new power line between Sweden and Finland, the Aurora Line. Series compensation provides increased power supply, lower risk of downtime and less environmental impact.

The contract is a turnkey contract and Kanonaden's part of the work includes construction work and assembly and installation work. Kanonaden also signed a contract with Svenska kraftnät in December 2022 for the construction and installation of two STATCOM plants in the Stockholm area.

"This project is fully in line with our Swedish construction company's strategy to focus on energy and power-related projects. We’re looking forward to a good partnership with Hitachi Energy and Svenska kraftnät," says Bård Frydenlund, EVP of AF Gruppen.