Multiconsult contract award with KfW Development Bank for GET FiT Zambia

Multiconsult will manage the secretariat for GET FiT Zambia and provide
comprehensive commercial, technical and administrative support for the
realisation of the several projects within the GET FiT programme.
The value for the first phase of the contract for Multiconsult is estimated to
approximately NOK 27 million with additional options for approximately NOK 20
million for the second phase. Work will begin immediately and the majority is
planned to be completed by 2022.
GET FiT Zambia aims to assist the Zambian government with the implementation of
its REFit strategy to increase renewable power generation. The programme will
realise 200 MW of new power generation through small and medium sized
Independent Power Producer (IPP) projects. In the first phase, focus will be on
solar photovoltaics projects.
The project will be run from Multiconsult's office in Oslo and through a local
project office in Zambia.
The contract award is preliminary and subject to final approvals and a holding
period.
For further information, please contact:
Investor relations:
     Mirza Koristovic, Head of Investor Relations
     Phone: +47 93 87 05 25
     E-mail: ir@multiconsult.no
Media:
     Gaute Christensen, VP Communications
     Phone: +47 911 70 188
     E-mail: gaute.christensen@multiconsult.no
ABOUT MULTICONSULT
Multiconsult is a leading Norwegian multidisciplinary engineering consulting
company, with more than 2 800 employees and 45 offices in Norway and abroad. The
Company focuses on six business areas: Buildings & Properties, Transport,
Renewable Energy, Oil & Gas, Industry and Water & Environment. The Company has
an operating history that spans more than a century, with the inception of Norsk
Vandbygningskontor in 1908.