Terna and the new businesses

In order to use and safeguard its resources as far as possible and maximise the profitability of its assets, towards the end of 2011, Terna started a reorganisation of its operating assets with aims to group non-regulated activities into a single entity with a view to taking development opportunities in the best possible way.

With this goal in mind, Terna has incorporated the company Terna Plus that endowed with a corporate organisation which meets the needs of functional and accounting separation from the Parent Company and ensures compatibility with the Articles of Association and the concession of Terna S.p.A., and complies with the provisions of Legislative Decree no. 79/99 (the “Bersani Decree”).

The development of non-core business will pursue the objective of enhancing further the assets held and Terna’s distinctive competences in the construction and management of infrastructures, in particular high voltage, in Italy and abroad.

Products held in the portfolio include the construction and long-term management of non-NTG electrical assets functional to the connection of production plants from renewable sources to the electricity grids, the support to the operation and maintenance of renewable source production plants and the development and management of optic fibre grids.