Terna

senza-titolo-1_1.jpg

With a high-voltage electricity grid of more than 63,500 kilometers across Italy, Terna is the leading independent transmission operator in Europe and the sixth largest in the world in terms of the number of kilometers of lines managed.

The Company is the main owner of the National Transmission Grid and is responsible for the transmission and dispatching of electricity throughout Italy, namely, safely managing -365 days a year, 24 hours a day- the balance between electricity demand and supply in Italy as well as the planning, development and maintenance of the grid.

In addition to providing the transmission service in Italy, Terna has development projects in the Mediterranean basin, particularly in North Africa and in the Balkan countries, for building new interconnections and increasing Italy’s import capacity to the benefit of the Italian electricity system’s safety.

The Company is also involved in developing non-traditional activities: in 2011, the second phase of the project for building and selling photovoltaic plants was completed and the Strategic Plan presented in March 2012, also included significantly increasing investments for implementing battery storage systems for the transmission grid as well as other new projects.

Terna, headed by CEO Flavio Cattaneo, and by Chairman Luigi Roth has been listed on the Italian Stock Market since June 2004. Its major shareholder is Cassa Depositi e Prestiti with 29.85% (March 2012). 11% of the share capital is held by Socially Responsible Investors (SRI).