Rejlers and Entro Sign Partnership Agreement

Regulatory News:

Rejlers (STO:REJL)

Rejlers and the energy and environment specialist Entro are entering into a strategic collaboration regarding energy rationalisation for buildings, industry and infrastructure. The partnership agreement will strengthen the impact of both companies as energy and environment consultants in Norway, Sweden and Finland.

Rejlers and the energy and environment specialist Entro are entering into a strategic collaboration regarding energy rationalisation for buildings, industry and infrastructure. The partnership agreement will strengthen the impact of both companies as energy and environment consultants in Norway, Sweden and Finland.

Entro is already a leading player within energy rationalisation of commercial buildings in Norway, while Rejlers has long experience of providing consulting services within this specialist area in Norway, Sweden and Finland.

"Environment, climate and economy go hand in hand. The companies are now introducing a unique collaboration between two leading players in the field of energy rationalisation, who can implement large-scale projects in the Nordic market,” says Morten Thorkildsen, CEO Rejlers Norway. "Working together, we can now help our customers to get the greatest possible benefit from energy rationalisation,” he continues. More and more data can be gathered in order to identify and implement smart measures, not only from each individual building, but from each individual room and specific installations in the building. This offers considerable potential when it comes to climate and the environment, and also represents a significant reduction in costs. Green measures also generate good economy," says Morten Thorkildsen.

"There is considerable potential when it comes to reducing energy consumption in buildings and industry, and the Paris Agreement is forcing us to do something with this! Entro has a database encompassing an area of 30 millions square metres, and we can analyse an annual consumption of 5,700 Gigawatt hours. This energy consumption costs our customers NOK 4 billion annually. Parties that are focusing on cost control and reductions in consumption are achieving surprisingly big gains, for themselves, for customers and for the environment,” says Børge Nilssen, CEO Entro AS.

"Through the collaboration with Rejlers, Entro aims to strengthen its position as a leader in its field in Norway, and Entro will also gain market access for its products and services in Sweden and Finland. Alongside Rejlers, we aim to help our customers to an even greater extent to reduce their CO2 footprint,” concludes Børge Nilssen .

"Rejlers is looking forward to starting up the collaboration with Entro. "Working together, we will have access to unique skills and modern technology that will be able to cover all types of customers and large geographical areas across national borders,” concludes Morten Thorkildsen CEO Rejlers Norway.

About Entro

Entro supplies products and services in the areas of energy and environmental consulting, and is the leader in its field in Norway. At the time of entering into the agreement, Entro has 52 employees and departmental offices in Trondheim, Oslo, Bergen and Stockholm. See also www.entro.no

Rejlers is one of the largest engineering consultancy firms in the Nordic region. Our 2,000 experts work with projects in the areas of Building and property, Energy, Industry and Infrastructure. At Rejlers, you will meet specialist engineers with the knowledge, cutting edge expertise and energy to achieve results. We are still experiencing rapid growth and can now be found in 80 locations in Sweden, Finland and Norway. Rejlers recorded revenue of SEK 1.9 billion in 2015 and its class B share is listed on NASDAQ Stockholm.

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