TERNA S.P.A. FITCH CONFIRMS TERNA'S RATING: BBB+, STABLE OUTLOOK
The rating agency has recognized the strength of the 2021-2025 Industrial Plan that aims
to reinforce Terna's central role in directing and enabling the energy transition
Rome, 26 November 2020 - Today, Fitch Ratings has affirmed its Long-Term Issuer Default Rating and its senior unsecured rating on Terna S.p.A. at BBB+, with Stable Outlook. At the same time, the Agency has also affirmed Terna S.p.A.'s Short-Term rating of the issuer at 'F2', recognizing Terna's central role in directing and enabling the energy transition.
Fitch's assessment comes just a few days after the presentation of the 2021-2025 Industrial Plan, that aims to confirm and reinforce Terna's central role in directing and enabling the energy transition. Terna has decided to accelerate investment in Italy, with a total of € 8.9 billion to be spent on regulated activities over the life of the Plan.
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Terna Rete Elettrica Nazionale S.p.A. published this content on 26 November 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 November 2020 17:36:01 UTC
