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Comune di Cueno in Italy has awarded the concession for public lighting management to the joint venture (JV) of Bosch and Iren Smart Solutions.
The JV will be responsible for the operation and maintenance of the street light and traffic lights located in the municipality of Cueno. Along with O&M services, the JV will also implement energy efficiency solutions in compliance with the IP plant regulations. The estimated investment value for the concession is EUR11.19 million (US$12.17 million).
