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Iren S.p.A. ( (IT:IRE) ) has issued an announcement.
Iren S.p.A. has updated its information document regarding a significant transaction with a related party, reflecting adjustments in the ‘REMbaseMAN’ fee due to changes in the Istat index. This update pertains to a project financing agreement with the Municipality of Turin aimed at enhancing the energy efficiency of buildings, indicating Iren’s ongoing efforts to improve operational efficiency and strengthen its market position in urban infrastructure projects.
More about Iren S.p.A.
Iren S.p.A. operates in the utilities sector, focusing on energy, integrated water services, and environmental services. The company is known for its commitment to sustainability and innovation, serving various municipalities and regions in Italy.
YTD Price Performance: 14.90%
Average Trading Volume: 8,737
Technical Sentiment Signal: Strong Sell
Current Market Cap: €2.99B
Learn more about IRE stock on TipRanks’ Stock Analysis page.