• Tunnelling contract worth € 37 million (CHF 38 million)
  
• Power plant with installed capacity of 14 MW to be completed by September 2017

Oberwald, 3 June 2015 STRABAG AG is building the Rhone Oberwald run-of-the-river hydroelectric plant in the Swiss canton of Valais. The contract value of € 37 million comprises the construction of the necessary tunnels, galleries and underground chambers.

“We are delivering the complete construction works for this 14 MW power station, which means everything except the electromechanical components”, says Stefan Wyss, the project’s technical manager. The plant is to be handed over to Valais utility company FMV SA by September 2017.

The tunnels and galleries will be excavated in the Aarmassif of the Swiss Alps through boring and blasting. As parts of the construction site are situated at 1,750 m above sea level, work at higher elevations can only take place for a few months during the year.

STRABAG SE is a European-based technology group for construction services, a leader in innovation and financial strength. Our services span all areas of the construction industry and cover the entire construction value chain. We create added value for our clients by our specialised entities integrating the most diverse services and assuming responsibility for them. We bring together people, materials and machinery at the right place and at the right time in order to realise even complex construction projects – on schedule, of the highest quality and at the best price. The hard work and dedication of our 73,000 employees allows us to generate an annual output volume of about € 14 billion. At the same time, a dense network of numerous subsidiaries in many European countries and, increasingly, on other continents is helping to expand our area of operation far beyond the borders of Austria and Germany. More information is available at www.strabag.com