– Terna plans to invest up to €16.5 billion for decarbonisation in Italy, focusing on the twin transition of digital and energy.
– The investment plan covers the period 2024 to 2028, with €2.6 billion to be invested this year.
– The plan includes investments in grid development, cross-border interconnections, defence plan, and asset renewal and efficiency, with expected revenues of €4.6 billion in 2028 and EBITDA of €3.25 billion.
Italian TSO Terna has announced its investment plan of €16.5 billion over the period of 2024 to 2028, aimed at accelerating decarbonisation in Italy. The plan focuses on the twin transition of digital and energy, with approximately €2.6 billion to be invested this year. A significant portion of the investment will be allocated to digitalization and innovation, with a focus on digital technologies such as AI and robotics to enhance grid connectivity and security.
The investment plan also includes projects to develop the national power grid, such as direct current power lines and submarine cables, to increase grid capacity, integrate renewable sources, and improve service quality. Cross-border interconnections, including the Elmed submarine interconnection between Italy and Tunisia, will strengthen Italy’s role as a Mediterranean electricity transmission hub.
Terna’s investment plan also includes projects like the Tyrrhenian Link, the Adriatic Link, and the Chiaramonte-Gulfi-Ciminna power line in Sicily, as well as initiatives to improve system technical capabilities and asset renewal. By 2028, the Group’s revenues are expected to reach €4.6 billion and EBITDA to be €3.25 billion, with revenues of €3.55 billion and EBITDA of €2.42 billion projected for 2024.