Swedish construction group Skanska has signed a $1.2 billion [1] contract to build four data centers in the southeastern United States.
The project highlights the accelerating demand for digital infrastructure as companies scale their computing power to support evolving technological needs.
The agreement, valued at SEK 11.2 billion [3], involves the construction of facilities totaling approximately 75,000 square meters [4]. Skanska said the project will provide necessary data-center capacity for an existing client in the region [5].
Construction is slated for completion by 2028 [1]. The company expects the contract to be reflected in its U.S. order bookings for the third quarter of 2026 [2].
The expansion into the southeastern U.S. follows a broader trend of infrastructure investment in the region. By securing a multi-facility deal, Skanska establishes a significant footprint in a geography known for growing tech hubs, a move that leverages the firm's existing relationship with the client [5].
The scale of the project reflects the massive physical requirements of modern data processing. With a total floor area of roughly 75,000 square meters [4], the four sites will require significant power and cooling infrastructure to maintain operational standards through their 2028 completion date [1].
“Skanska has signed a $1.2 billion contract to build four data centers in the southeastern United States.”
This investment signals a continued shift toward regionalized data hubs in the U.S. to reduce latency and increase redundancy. By committing $1.2 billion to a single client, Skanska is positioning itself as a primary partner for the physical layer of the AI and cloud computing boom, where the speed of construction is often the primary bottleneck for tech deployment.
