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Street Lighting

Patrizia Acquires Major Stake in Atlantico

Kurrant News Desk · ·1 min read
Mergers and AcquisitionsPatriziaStreet Lighting

Global Real Asset Investment Management Company Patrizia has obtained an 85% stake in Italy’s third-largest smart streetlight operator Atlantico, as part of its Smart City Infrastructure Fund. It’s the company’s third Italian streetlighting investment, completing a €750 million investment program in the US and Europe. The strategic move is set to enhance Patrizia’s smart cities portfolio and drive future investment opportunities.

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