Terna S.p.A.

TRN

IT0003242622

Electric Utilities

Market Closed - Borsa Italiana Other stock markets 11:44:59 2024-04-26 am EDT			5-day change	1st Jan Change
7.474 ^EUR	+0.38%		+0.65%	-1.06%

Apr. 24	Terna, Italy's electricity consumption falls slightly in March	AN
Apr. 23	CFO of Terna takes over 12,500 ordinary shares	AN

Moody's and S&P confirm Terna's rating after plan

March 20, 2024 at 02:18 am EDT

(Alliance News) - Terna Spa has announced that Moody's has confirmed its 'Baa2' long-term rating on the company, with a Stable outlook.

The rating - one notch higher than Italy's - comes following the presentation of the 2024-2028 business plan, with the highest investments ever recorded in Terna's history, "aimed at strengthening the company's central role as an enabler of the energy transition and of an increasingly articulated, sustainable and innovative electricity system," the agency explains.

In the wake of Moody's, S&P also confirmed Terna's long-term rating at 'BBB+' with a Stable outlook.

By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter

Comments and questions to redazione@alliancenews.com

Go to the original article.
Legal disclaimer

Latest news about Terna S.p.A.

Terna, Italy's electricity consumption falls slightly in March	Apr. 24	AN
CFO of Terna takes over 12,500 ordinary shares	Apr. 23	AN
Lists in green except Mib; banks good	Apr. 22	AN
Iveco down on Mib; European stock exchanges in green	Apr. 22	AN
Futures await bourses up; China holds rates	Apr. 22	AN
Mib closes bullish; Terna takes top spot	Apr. 19	AN
Indices down, on Mib oil at bottom	Apr. 19	AN
Futures down; Powell confirms "hold" approach	Apr. 17	AN
Widespread red in Europe, Mib also bad	Apr. 16	AN
Milan black jersey; Eurozone widens surplus	Apr. 16	AN
Mib in the red; Prysmian leads declines	Apr. 16	AN
Terna Boosts ESG-linked Revolving Credit Facility by EUR450 Million	Apr. 16	MT
Terna increases revolving credit facility to EUR2.26 billion	Apr. 15	AN
Italian Railway Chief Said Considered for KKR’s Telecommunications Grid Business from Telecom Italia	Apr. 12	MT
KKR Plans to Appoint Italy's Railway Chief to Run Telecom Grid	Apr. 12	MT
KKR Plans to Appoint Italy's Railway Chief to Run Telecom Grid	Apr. 12	MT
Italian Railway Chief Said Considered for KKR’s Telecommunications Grid Business from Telecom Italia	Apr. 12	MT
Mib in the red; banks and financials trailing	Apr. 05	AN
Mib falls below 34,000; Fed slows on cuts	Apr. 05	AN
Terna Issues EUR850 Million of Green Perpetual Bonds	Apr. 05	MT
Terna issues EUR850 million bond to institutional investors	Apr. 05	AN
PLC signs agreement with Bester to realize EUR3 million project	Mar. 26	AN
Terna, Italy's electricity consumption up slightly in February	Mar. 22	AN
Futures down; Japan inflation accelerates	Mar. 22	AN
Mib rises to 34,300; FinecoBank to third bullish	Mar. 21	AN

Chart Terna S.p.A.

Duration

Period

More charts

Company Profile

Terna S.p.A. specializes in operating and maintaining the majority of Italy's high voltage and very high voltage electrical network. Net sales break down by activity as follows: - operation of Italian grid (85.8%): owned, at the end of 2022, a grid of 68,105 km of power lines, 7,044 bays, 901 substations and 768 transformers; - provision of services (14.2%): maintenance of high-voltage lines and fiber optic networks, engineering services for power and telecommunications stations, etc.

Sector

Electric Utilities

Calendar

2024-05-07 - Q1 2024 Earnings Release

Related indices

STOXX EUROPE 600 (EUR) , FTSE MIB INDEX

More about the company

Income Statement Evolution

More financial data

Ratings for Terna S.p.A.

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

7.474 EUR

Average target price

8.047 EUR

Spread / Average Target

+7.67%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Electric Utilities

	1st Jan change	Capi.
TERNA S.P.A.	-1.06%	16B
NEXTERA ENERGY	+8.64%	136B
SOUTHERN COMPANY	+4.41%	80.06B
IBERDROLA, S.A.	-2.19%	77.98B
DUKE ENERGY CORPORATION	+0.69%	75.38B
ENEL S.P.A.	-8.92%	66.47B
CONSTELLATION ENERGY CORPORATION	+61.15%	59.36B
AMERICAN ELECTRIC POWER COMPANY, INC.	+4.97%	44.9B
DOMINION ENERGY, INC.	+7.34%	42.26B
GE VERNOVA INC.	0.00%	41.94B

Other Electric Utilities

Terna S.p.A.

Equities

TRN

IT0003242622

Electric Utilities

Moody's and S&P confirm Terna's rating after plan

EPS Revisions