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POWER: Terna Secures €400mn EIB Loan to Modernise Italy's Power Grid

POWER
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Terna and the EIB have finalised a €400mn loan to modernise Italy's power grid, enhancing its resilience and reliability, with works to be carried out across the country by 2026, the EIB said.

  • The Planned upgrades will incorporate sustainable solutions and improve grid resilience against extreme weather, the EIB added.
  • The project aligns with the REPowerEU objectives, supported by an additional €45bn in EIB financing by 2027.
  • The 22-year fixed-rate loan will aid Terna’s financial efficiency and infrastructure modernisation.
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Terna and the EIB have finalised a €400mn loan to modernise Italy's power grid, enhancing its resilience and reliability, with works to be carried out across the country by 2026, the EIB said.

  • The Planned upgrades will incorporate sustainable solutions and improve grid resilience against extreme weather, the EIB added.
  • The project aligns with the REPowerEU objectives, supported by an additional €45bn in EIB financing by 2027.
  • The 22-year fixed-rate loan will aid Terna’s financial efficiency and infrastructure modernisation.