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Terna (Baa2/BBB+): Assessing Power Assets

UTILITIES
  • CEO confirmed that technical and preliminary assessments are ongoing.
  • Follows headlines last month that Terna was studying said power lines and substations internally.
  • Assets could be worth around €1.5bn, FY EBITDA was €2.2bn
  • Terna unveiled a €21bn investment plan last year.

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