The investment will be focused on electricity infrastructure, renewable sources and cross-border interconnections. Italy-based transmission system operator (TSO) Terna has announced a €10bn ($11bn) investment in Italy’s energy transition, energy independence and decarbonisation efforts. The company’s board approved the investment as part of its 2021-25 ‘Driving Energy’ industrial plan. Terna aims to bolster its role […]
Terna to Invest $21 Billion in Italian Grid For Energy Transition
MILAN : Italy’s Terna (TRN.MI) has pledged to invest a record 18.1 billion euros ($21 billion) in the country’s power grid over the next 10 years to meet the demands of the energy transition and economic recovery. Terna, one of Europe’s biggest power grid players, said the projects in the new long-term development plan for […]
