Skanska has signed an additional contract with an existing client to construct a data center in the state of Georgia, valued at USD 255 million. The contract will be recorded in the company's United States order bookings for the second quarter of 2026.

Project Scope and Scale

The development encompasses the construction of a 22,700-square-meter facility, equivalent to approximately 245,000 square feet.

Beyond the core data center structure, the contract covers associated site work and underground utilities. The scope of work also includes a fitout of an administration space along with five data halls, making this a comprehensive build-out rather than a shell-only delivery.

The project was already underway before this supplemental agreement was announced.

Construction began in March 2026, and completion is scheduled for the first quarter of 2028, giving the project a build timeline of roughly two years.

A Supplemental Agreement with an Existing Client

Skanska described the contract as a supplemental agreement with an existing client, meaning the relationship predates this particular award.

The company did not identify the client by name in its announcement. The structure of the deal as a supplemental contract suggests the project may be an expansion or additional phase of work connected to a broader engagement already underway between the two parties.

The contract value of USD 255 million places this among the more substantial individual awards in Skanska's US building portfolio. The agreement will be booked in the second quarter of 2026, contributing to the company's reported order intake for that period.

Data Center Construction as a Growing Segment

The Georgia project is the latest example of Skanska's continued activity in the data center construction market in the United States.

Demand for data center capacity has accelerated in recent years, driven by the expansion of cloud computing infrastructure, artificial intelligence workloads, and enterprise digitization.

Contractors with experience delivering large-scale, technically complex data center projects have been beneficiaries of this trend, with major construction firms reporting increasing volumes of work in the sector.

Skanska USA Building handles the company's commercial construction operations across the United States, with data centers representing one of the key market segments the business unit pursues alongside healthcare, life sciences, transportation, and civic projects.

Georgia as a Data Center Hub

Georgia, and the Atlanta metropolitan area in particular, has emerged as one of the more active data center markets in the southeastern United States.

The region benefits from relatively affordable land and power costs, a favorable regulatory environment, and growing fiber connectivity infrastructure.

These factors have attracted significant investment from hyperscale cloud providers and colocation operators, generating corresponding construction activity for firms operating in the market.

Skanska did not specify the exact location within Georgia where this facility is being built, nor did it provide details about the end user of the data center or its intended purpose.

Financial Context

At USD 255 million, this single contract represents a meaningful addition to Skanska's US backlog.

For context, the Swedish-headquartered contractor has been active across a range of large infrastructure and building projects in the United States.

In a separate announcement, Skanska and joint venture partner Creamer Sanzari were selected for the New Jersey Surface Alignment Project, valued at USD 454 million, as part of a larger USD 712 million contract awarded by the Gateway Development Commission.

The company has also entered into an early contractor involvement agreement with Penn Transformation Partners for work involving Amtrak in New York.

The data center contract in Georgia will appear as a distinct line item in the US order bookings for the second quarter of 2026, providing a visible contribution to the company's reported commercial performance for the period.