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Terna Strengthens Financial Strategy with ESG-Linked Credit Line

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Terna Strengthens Financial Strategy with ESG-Linked Credit Line

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

Terna S.p.A. has refinanced its ESG-linked revolving credit line, increasing it to 1.8 billion euros and extending its duration to five years. This move reinforces Terna’s commitment to sustainability by integrating ESG objectives into its financial strategy, thereby strengthening its financial structure and ensuring adequate liquidity.

More about Terna S.p.A.

Terna S.p.A. operates in the energy sector, focusing on electricity transmission and grid management. It is a key player in integrating sustainability into its financial strategies, aiming to enhance value creation for stakeholders.

YTD Price Performance: 3.51%

Average Trading Volume: 215,017

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: €15.89B

For a thorough assessment of TRN stock, go to TipRanks’ Stock Analysis page.

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