Terna (company)
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| Società per azioni | |
| Traded as | BIT: TRN |
| Industry | Utilities |
| Founded | 1999 |
| Headquarters | Rome, Italy |
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Key people
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| Services | Transmission system operator |
| Revenue | € 2,082 million (2015) |
| € 1,022.4 million (2015) | |
| Profit | € 595.5 million (2015) |
| Total assets | € 15,457 million (2015) |
| Total equity | € 3,320.8 million (2015) |
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Number of employees
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3,767 (2015) |
| Subsidiaries | Terna Rete Italia S.p.A. (100%), Terna Rete Italia S.r.l. (100%), Terna Storage (100%), Terna Plus S.r.l. (100%), Terna Crna Gora d.o.o. (100%) |
| Website | www |
Terna Group is a group of energy companies based in Rome, Italy. Terna Rete Italia an Italian electricity transmission system operator whereas Terna Plus is in charge of new business opportunities and non-traditional activities in Italy and abroad. With 63,500 kilometres (39,500 mi) of power lines or around 98% of the Italian high-voltage power transmission grid, Terna is the first independent electricity transmission grid operator in Europe and the sixth in the world based on the size of its electrical grid. Terna is listed on the Borsa Italiana and is a constituent of the FTSE MIB index.
On 31 May 1999, Terna was established within the Enel Group, by way of implementation of Italian Legislative Decree No. 79/99 which within the context of the process for the deregulation of the Italian electricity sector, sanctioned the separation between ownership and management of the national transmission grid.
On 23 June 2004, following the Prime Minister's Decree issued on 11 May of the same year, Terna was put on sale with an IPO on Borsa Italiana.
In 2010 Terna joined Desertec, a project aimed at producing and transmitting renewable energy in the Middle East and North Africa (MENA) to meet local needs and be assigned in part to the European interconnected grid.
In 2011, Terna Group adopted a new organizational structure. Through Terna Rete Italia safely manages the Italian electricity system with more than 63,500 kilometers of high voltage lines. Through Terna Plus manages new business opportunities and non-traditional activities, in Italy and abroad.
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