Home > Finance > Italy's Terna posts rise of over 26% in H1 capex
Finance

Italy's Terna posts rise of over 26% in H1 capex

Published by Global Banking and Finance Review

Posted on July 29, 2025

Featured image for article about Finance

(Reuters) -Italy's state-controlled power grid operator Terna reported on Tuesday a 26.6% annual rise in its capital expenditure (CAPEX) in the first half, accelerating its investment in the Italian electricity system.

The record high CAPEX totaled 1.32 billion euros ($1.52 billion) between January and June, the company said. Earnings before interest, taxes, depreciation and amortisation (EBITDA) came in at 1.36 billion euros, up 8.2%.

($1 = 0.8666 euros)

(Reporting by Enrico Sciacovelli and Philippe Leroy Beaulieu in Gdansk, editing XXX)

Related Posts
Bridgewater warns Big Tech's reliance on external capital to fund AI boom is 'dangerous'
Bridgewater warns Big Tech's reliance on external capital to fund AI boom is 'dangerous'
Italian firms using AI double in a year but still small minority
Italian firms using AI double in a year but still small minority
Juventus shares soar 19% after Agnelli family rejects crypto firm Tether's bid
Juventus shares soar 19% after Agnelli family rejects crypto firm Tether's bid
London stocks climb as BoE rate cut looms
London stocks climb as BoE rate cut looms
Exclusive-U.S. Treasury rejects Xtellus-led bid for Lukoil assets, sources say
Exclusive-U.S. Treasury rejects Xtellus-led bid for Lukoil assets, sources say
UBS parts with chief tech officer, promises 'smooth' integration process
UBS parts with chief tech officer, promises 'smooth' integration process
Serbia's prosecutor files to indict minister in connection with Kushner project
Serbia's prosecutor files to indict minister in connection with Kushner project
Italy's Caltagirone group strengthens governance procedure over Generali, MPS stakes
Italy's Caltagirone group strengthens governance procedure over Generali, MPS stakes
European drone wall, other 'flagship' defence projects at risk in EU power struggle
European drone wall, other 'flagship' defence projects at risk in EU power struggle
Airbus delivered about 30 jets in first-half December, sources say
Airbus delivered about 30 jets in first-half December, sources say
Italian judge orders prosecutors to seek tax fraud indictment for Exor CEO Elkann
Italian judge orders prosecutors to seek tax fraud indictment for Exor CEO Elkann
Poland's JSW needs over $830 million to stay afloat, says minister
Poland's JSW needs over $830 million to stay afloat, says minister
;