Deals

Skanska names new PPP head

Steve Sams will replace Anders Arling as president of Skanska Infrastructure Development, the public-private partnership unit of Swedish construction conglomerate Skanska.

-

Skanska Infrastructure Development has appointed a new head after its existing president decided to leave the Swedish infrastructure developer after 13 years on the job.

Effective 1 April, Steve Sams will replace current president Anders Arling, who “decided to seek new opportunities outside Skanska”, the company said in a statement.

Steve Sams
Sams has been executive vice president at Skanska Infrastructure Development for five years. During the past year, he served as the executive vice president in charge of its European operations.

Skanska Infrastructure Development is the public-private partnership (PPP) investment arm of Swedish construction conglomerate Skanska. The company invests in roads, hospitals, schools and power plants, among other sectors.

Skanska had a busy 2010, during which it reached financial close on PPPs such as Essex Schools in the UK and the Antofagasta highway in Chile, according to an investor presentation.

Skanska has also been increasingly active in the US, where it is currently working with Macquarie on the Midtown Tunnel project in Norfolk, Virginia.