Relazione Finanziaria Annuale

Terna in 2008

terna.jpgDear Terna Shareholders and  Stakeholders,
the 2008 Financial Statement marks an important turning point for Terna, based on two key words:  development and environment. It has been a year where development projects and grid upgrading have become more closely integrated with sustainability...   
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Significant events in 2008

  • Sale of the Enel Distribuzione S.p.A. high-voltage power grid to Terna S.p.A.
  • Merger of RTL S.p.A. into Terna S.p.A.
  • Disbursement of a new EIB loan in the amount of € 300 million
  • ISO 14001 and OHSAS 18001 certifications
  • FTSE confirms Terna on the FTSE4Good sustainability index

Group performance

  • Revenues in the amount of €1,395 million: +3,5%
  • EBITDA reached €995 million: +1,7%
  • Total investmentscame to €776 million:+26%
  • Dividend at €15,8 for share: 4,6%

Electricity system

  • Domestic energy demand amounted over 337 GWh
  • 39,456 km of transmission lines
  • ASA (Average System Availability of Terna network elements) = 99.15%
  • Reserve margin at winter peak: 25,8%