Terna SpA (MIL:TRN)
€ 7.95 0.024 (0.3%) Market Cap: 15.95 Bil Enterprise Value: 26.20 Bil PE Ratio: 15.75 PB Ratio: 2.21 GF Score: 85/100

Q1 2022 Terna Rete Elettrica Nazionale SpA Earnings Call Transcript

May 11, 2022 / 02:00PM GMT
Release Date Price: €7.76 (+1.52%)
Operator

Hello, and welcome to the First Quarter Consolidated Results Conference Call. My name is Jess, and I'll be your coordinator for today's event. (Operator Instructions)

I will now hand over to your host, Agostino Scornajenchi, Chief Financial Officer, to begin today's call.

Agostino Scornajenchi
Terna - Rete Elettrica Nazionale Società per Azioni - Group CFO

Good afternoon, everybody, and welcome to Terna's first quarter 2022 results presentation.

Before starting to analyze the figures, I would like to share with you the main latest achievements. Firstly, let me remind you that on the 24th of March, we presented the update of our '21-'25 Industrial Plan Driving Energy that foresees EUR 10 billion of total investments. This includes EUR 9.5 billion of regulated investments aimed at developing, modernizing and strengthening the national transmission grid, confirming our role in driving the energy transition and enabling an even more complex, sustainable and innovative electricity system.

From a financial standpoint, we continue to

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