Finance
Terna does not comment report on potential power grid stake sale
Published by Global Banking & Finance Review®
Posted on October 24, 2025
1 min readLast updated: January 21, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on October 24, 2025
1 min readLast updated: January 21, 2026
Terna, Italy's power grid operator, remains silent on rumors of a stake sale. The company plans to invest €23 billion in the grid over the next decade.
MILAN (Reuters) -Italy's power grid operator Terna said on Friday it did not want to comment rumours when asked about a report by Bloomberg newswire hinting at a potential sale of a stake in the country's high-voltage network.
WHY IT'S IMPORTANT
The state-controlled group said in March it would invest more than 23 billion euros ($26.8 billion) in Italy's power grid over the next ten years to help support energy transition.
KEY QUOTE
"Terna does not comment on rumours or speculation: the company constantly analyses the financial instruments available for the development and maintenance of the national transmission grid, the results of which are reflected in the decisions set out in the industrial plan," a spokesperson told Reuters.
CONTEXT
Terna is evaluating options including the sale of a minority stake in Italy's electricity grid, to pay for new projects and reduce debt, Bloomberg reported citing people familiar with the matter.
($1 = 0.8575 euros)
(Writing by Francesca Landini; editing by Alvise Armellini)
A power grid is a network that delivers electricity from producers to consumers. It includes power plants, transmission lines, and distribution systems that work together to supply electricity.
A stake sale refers to the sale of a portion of ownership in a company or asset. This can involve selling shares or equity to raise funds or bring in new investors.
Energy transition is the process of shifting from fossil fuel-based energy sources to renewable energy sources. This includes adopting technologies like solar, wind, and hydroelectric power.
Debt sustainability refers to a country's ability to manage its debt without requiring debt relief or accumulating further debt. It involves ensuring that debt levels remain manageable relative to economic growth.
Corporate strategy is the overall plan for a company to achieve its goals and objectives. It involves decisions about resource allocation, business direction, and competitive positioning.
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