Cosol Limited (AU:COS) has released an update.
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COSOL Limited has announced significant multi-year managed service contracts with QBuild in Queensland and Horizon Power in Western Australia, marking a strategic expansion in their service delivery for government assets and utility management. The initial term of the QBuild contract is valued at approximately $10 million, with potential extensions adding $5.2 million more. These contracts are set to enhance COSOL’s recurring revenue and presence in the Queensland and WA markets, reinforcing their commitment to delivering asset management solutions.
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