Finance
Italy's power grid operator Terna ups investments to 2028
Published by Global Banking & Finance Review®
Posted on March 26, 2025
1 min readLast updated: January 24, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on March 26, 2025
1 min readLast updated: January 24, 2026
Terna, Italy's power grid operator, ups its investment plans by 7% to €17.7 billion by 2028. The company reports a significant rise in data center connection requests and an 18% increase in EBITDA last year.
MILAN (Reuters) - Italy's power grid operator Terna on Tuesday increased its planned investments for the next five years by 7% to 17.7 billion euros and slightly increased its 2028 financial targets.
Last year earnings before interest, taxes, depreciation and amortisation (EBITDA) rose 18% compared to the previous year, to 2.6 billion euros ($2.81 billion).
The state-controlled group recently said that connection requests from data centres reached 30 gigawatt (GW) last year, 24 times those recorded in 2021. In the twelve months ending in February 2025 connection requests rose further, to 40 GW.
($1 = 0.9256 euros)
(Reporting by Francesca Landini, editing by Giulia Segreti)
The main topic is Terna's increased investment plans and financial targets for 2028.
Terna's EBITDA grew by 18% last year, reaching €2.6 billion.
Data center connection requests have significantly increased, indicating growing demand and expansion in this sector.
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