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Terna Secures 1 Billion Euro Financing for Adriatic Link

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Terna Secures 1 Billion Euro Financing for Adriatic Link

Elevate Your Investing Strategy:

An update from Terna S.p.A. ( (IT:TRN) ) is now available.

Terna S.p.A. has announced the conclusion of agreements for financing, guaranteed by SACE S.p.A., amounting to approximately 1 billion euros for the Adriatic Link project. These transactions, involving related parties under the control of Cassa Depositi e Prestiti S.p.A., have been deemed ordinary and at market conditions, thus excluded from related party procedures.

The most recent analyst rating on (IT:TRN) stock is a Hold with a EUR8.40 price target. To see the full list of analyst forecasts on Terna S.p.A. stock, see the IT:TRN Stock Forecast page.

More about Terna S.p.A.

Terna S.p.A. operates in the energy sector, focusing on electricity transmission and grid management. It plays a crucial role in the Italian energy market by ensuring the reliability and efficiency of the national electricity system.

Average Trading Volume: 3,941,690

Technical Sentiment Signal: Strong Buy

Current Market Cap: €17.01B

Learn more about TRN stock on TipRanks’ Stock Analysis page.

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