| Invested through / Financed by |
|
|---|---|
| Asset class | Listed equity, Impact bonds & Corporate bonds |
| Impact strategy | Impact Equities and Bonds |
| Sector | Sustainable Energy |
| ISIN code | XS1980270810 |
| Industry group | Utilities |
| Sustainable Development Goals (SDGs) |
Terna operates the high-voltage and extra-high voltage grid in Italy and transmits electricity. The company plays a central role in the ongoing transformation of the electricity market towards the use of eco-compatible and renewable sources of electricity, guaranteeing a secure and efficient supply to households and businesses. Founded in 1999 following the liberalisation of the electricity sector, the company is headquartered in Rome and has 4,290 employees.
Investment rationale
Terna plays a pivotal role in enabling the energy transition, by strengthening and adapting its grids for more decentralised electricity generation, heavier peaks of supply and demand and more generation of renewable energy.
Alignment with Triodos Transitions: 90% of the company's revenues is aligned with the Energy Transition. The contribution to the Energy Transition comes from 90% of revenues related to the impact objective Energy Efficiency.