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Terna Rete Elettrica Nazionale SpA (TRN.MI)

TRN.MI on Milan Stock Exchange

5.78EUR
24 May 2019
Change (% chg)

€0.12 (+2.19%)
Prev Close
€5.66
Open
€5.69
Day's High
€5.78
Day's Low
€5.66
Volume
7,027,708
Avg. Vol
6,257,368
52-wk High
€5.78
52-wk Low
€4.39

Latest Key Developments (Source: Significant Developments)

Scope Assigns rating A- to Italy's Terna, Stable Outlook
Friday, 17 May 2019 

May 17 (Reuters) - Terna::SCOPE ASSIGNS NEW RATING TO TERNA: A-, STABLE OUTLOOK.  Full Article

Terna: Electricity Consumption In Italy Down 0.6% In April
Friday, 17 May 2019 

May 17 (Reuters) - Terna Rete Elettrica Nazionale SpA ::ELECTRICITY CONSUMPTION IN ITALY: -0.6% IN APRIL.  Full Article

Terna Q1 Net Profit Up At EUR 186.0 Mln
Thursday, 9 May 2019 

May 9 (Reuters) - Terna Rete Elettrica Nazionale SpA ::Q1 REVENUE EUR 537.0 MILLION VERSUS EUR 523.1 MN YEAR AGO.Q1 EBITDA EUR 420.2 MILLION VERSUS EUR 409.3 MILLION YEAR AGO.Q1 NET PROFIT EUR 186.0 MILLION VERSUS EUR 182.7 MILLION YEAR AGO.NET FINANCIAL DEBT AT END-MARCH AT EUR 7,918.7 MILLION.  Full Article

Terna Credit Facility Linked To Sustainability Indices Signed For EUR 1.5 Bln
Wednesday, 24 Apr 2019 

April 24 (Reuters) - Terna Rete Elettrica Nazionale SpA ::CREDIT FACILITY LINKED TO SUSTAINABILITY INDICES SIGNED FOR EUR 1.5 BILLION.SIGNED BACK-UP ESG LINKED REVOLVING CREDIT FACILITY, IN FORM OF "COMMITTED" FACILITY FOR A TOTAL AMOUNT OF € 1.5 BILLION WITH A POOL OF BANKS.COMPANY CLOSES TWO BACK-UP CREDIT FACILITIES, WORTH A TOTAL OF EUR 1.3 BILLION, DUE TO EXPIRE ON 18 DECEMBER 2020 AND 26 JULY 2021.  Full Article

Eni, Cdp, Fincantieri And Terna Join Forces To Develop Power Plants On An Industrial Scale
Friday, 19 Apr 2019 

April 19 (Reuters) - Eni ::SAYS ENI, CDP, FINCANTIERI AND TERNA JOIN FORCES TO DEVELOP POWER PLANTS ON AN INDUSTRIAL SCALE.SAYS AGREEMENT SETS OUT PROJECT’S MANUFACTURING FOR CONSTRUCTION, INSTALLATION AND MAINTENANCE OF INERTIAL SEA WAVE ENERGY CONVERTER.  Full Article

Terna Launches 500-mln-euro Green Bond Due 2026
Wednesday, 3 Apr 2019 

April 4 (Reuters) - Terna SpA ::SAID ON WEDNESDAY IT HAD LAUNCHED GREEN BOND FOR EUR 500 MLN DUE 2026.RECEIVES SUBSCRIPTION ORDER OF ABOUT 7 TIMES THE AMOUNT.BOND ISSUE WAS MADE UNDER 8-BLN-EURO MEDIUM TERM NOTES PROGRAMME (EMTN).BOND SPREAD IS EQUAL TO 78 BASIS POINTS OVER THE MIDSWAP.TO USE PROCEEDS TO FINANCE GREEN PROJECTS.  Full Article

Terna to invest more than 13 bln euros in Italy's power grid over 10 years
Tuesday, 2 Apr 2019 

April 2 (Reuters) - Italian power grid operator Terna says::TO INVEST MORE THAN 13 BILLION EUROS IN ITALY'S POWER GRID IN THE NEXT TEN YEARS.  Full Article

Terna FY EBITDA At EUR 1.65 Bln, Approves 2019-2023 Business Plan
Thursday, 21 Mar 2019 

March 21 (Reuters) - Terna Rete Elettrica Nazionale SpA ::SAYS APPPROVES STRATEGIC PLAN FOR 2019-2023.TARGETS GROUP REVENUES AT AROUND 2.7 BILLION EUROS AND EBITDA AT AROUND 2 BILLION EUROS IN 2023.DIVIDEND POLICY: FROM 2019 TO 2021 A CAGR OF THE DIVIDEND PER SHARE (DPS) OF 7% IS EXPECTED.A PAYOUT OF 75% IS EXPECTED FOR THE YEARS 2022 AND 2023.SAYS UNDER PLAN WILL INVEST A TOTAL OF 6.2 BILLION EUROS ON NATIONAL ELECTRICITY NETWORK.FOR THE YEARS 2022 AND 2023 MINIMUM DIVIDEND GUARANTEED EQUAL TO THE DIVIDEND FOR THE YEAR 2021.SAYS VALUE OF REGULATED ASSETS (RAB) WILL REACH 18.5 BILLION EUROS IN 2023.IMPROVEMENTS ARE ALSO EXPECTED IN NET PROFIT, AND EARNINGS PER SHARE (EPS), WHICH WILL REACH APPROXIMATELY € 0.42 IN 2023.FY REVENUES AT € 2,197 MILLION (+1.6%).FY GROUP NET PROFIT AT € 706.6 MILLION (+2.7%).FY EBITDA AT € 1,650.6 MILLION (+2.9%).PROPOSED DIVIDEND FOR 2018 OF € 0.2332 PER SHARE (OF WHICH € 0.0787 ALREADY PAID AS INTERIM DIVIDEND).NET FINANCIAL DEBT AT END-2018 AT € 7,899.4 MILLION (€ 7,796.4 MILLION AS OF 31 DECEMBER 2017).2019 OUTLOOK: TOTAL REVENUES ARE EXPECTED AROUND € 2.3 BILLION, WITH EBITDA OF AROUND € 1.72 BILLION.2019 OUTLOOK: CONSEQUENTLY, EARNINGS PER SHARE (EPS) ARE EXPECTED AROUND € 0.36.2019 OUTLOOK: INVESTMENTS ARE EXPECTED IN THE RANGE OF ABOUT € 1.2 BILLION, GROSS OF EU CONTRIBUTIONS.  Full Article

Terna: Electricity Demand In Nov. In Italy Down 1.4 Pct Year On Year
Monday, 17 Dec 2018 

Dec 17 (Reuters) - Terna Rete Elettrica Nazionale SpA ::IN NOVEMBER 2018 ELECTRICITY DEMAND IN ITALY STOOD AT 26.3 BILLION KWH, A 1.4% DECREASE COMPARED TO NOVEMBER 2017.  Full Article

Terna Electricity Consumption In Italy Up 1.3 Pct In July
Friday, 7 Sep 2018 

Sept 7 (Reuters) - Terna Rete Elettrica Nazionale SpA ::ELECTRICITY CONSUMPTION IN ITALY: +1.3% IN JULY.  Full Article