Full Year 2022 Terna Rete Elettrica Nazionale SpA Earnings Call Transcript
Good afternoon, everybody, and welcome to Terna's Full Year 2022 Results Presentation. As usual, before starting to analyze the features, I would like to share with you the latest main achievements. Regarding regulated activities in 2022, then obtain the approval by the Italian Ministry of Environment and Energy Security and regional consoles for 29 projects for a total value of more than EUR 2.5 billion of investments. All payment that developing the Italian electricity grid, confirming our key role as energy transition enabler.
With this turn a set new records after exceeding the EUR 1 billion in approved investments in 2021 for the first time in history. In this regard, let me remind you that the company's sustainable investments to create value for the country, with the positive effects on gross domestic product and also create jobs they have to make Italy become even more crucial within the European system and the immediate running hub for electricity.
In this regard, at the beginning of 2023, the Ministry of
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