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Terna Launches 750 Million Euro Green Bond

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Terna Launches 750 Million Euro Green Bond

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Terna S.p.A. ( (IT:TRN) ) has shared an announcement.

Terna S.p.A. has launched a 750 million Euro green bond with a 7-year term, attracting significant interest from the market, with demand nearly five times the amount offered. This issuance supports Terna’s strategy of combining sustainability with growth and is intended to finance eligible green projects, reinforcing its commitment to the energy transition and delivering benefits to stakeholders.

More about Terna S.p.A.

Terna S.p.A. operates in the energy sector, primarily focusing on the management and development of electricity transmission systems. The company provides essential services aimed at ensuring the efficient functioning of electricity networks, and it is committed to sustainability and supporting the energy transition in Italy.

YTD Price Performance: 3.42%

Average Trading Volume: 206,700

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: €15.86B

For an in-depth examination of TRN stock, go to TipRanks’ Stock Analysis page.

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