Rejlers Embriq Signs Agreement with Jämtkraft

Regulatory News:

Rejlers Embriq (STO:REJL) signs agreement with Jämtkraft regarding the Quant central system and thereby wins its first major assignment in Sweden. The assignment is based on the existing framework agreement with Värmek. The agreement signifies another step into the Swedish market for Rejlers Embriq, which has an office in Gothenburg and has ongoing assignments for Lerum Energi and Göteborg Energi.

Quant central system will manage the operation of the data from the digital electrical meters for over 60,000 customers in Jämtkraft's grid area. Quant gives Jämtkraft central efficient operation of electrical supply and improved business benefits. With the Quant system it is possible to use data from digital meters that are already installed, which gives a significant increase in value to installations that have already been invested in.

"Quant is a modern, cost effective system for managing the meter values and all other information from the different energy measurement points. It gives us efficient integration solutions for associated IT-systems and offers a route forward towards smart electricity supply networks. The system has great flexibility which means that we are very well positioned to face an unpredictable future. Together with Rejlers Embriq, we can develop and rationalise our working methods and also create opportunities for collaborations", says Erik Fröberg at Jämtkraft.

"We are very proud that Jämtkraft have chosen Quant central system. We have a large market share for Quant in Norway and now enter the markets in Sweden and Finland with our efficiency improving IT solutions within the energy industry, of which Quant is an important part. We are pleased to be able to contribute to increased efficiency and business benefits for an industry that faces major structural changes in the next few years", says Jens Haug, Product Manager at Rejlers Embriq.

Rejlers is one of the largest engineering consultancy firms in the Nordic region. Our 2,000 experts work with projects within the areas of Building and property, Energy, Industry and Infrastructure. With us, you will meet specialist engineers with the breadth, cutting edge expertise and not least energy to create the results you want. We are continuing to grow rapidly and our activities are spread across 80 locations in Sweden, Finland and Norway. In 2014, Rejlers had revenue of SEK 1.7 billion and its Class B share is listed on Nasdaq Stockholm.

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