(Reuters) -Italy's state-controlled power grid operator Terna reported on Tuesday a 26.6% annual rise in its capital expenditure (CAPEX) in the first half, accelerating its investment in the Italian
Terna Reports Over 26% Increase in Capital Expenditure for H1
Terna's Investment Growth in H1
(Reuters) -Italy's state-controlled power grid operator Terna reported on Tuesday a 26.6% annual rise in its capital expenditure (CAPEX) in the first half, accelerating its investment in the Italian electricity system.
Financial Performance Overview
The record high CAPEX totaled 1.32 billion euros ($1.52 billion) between January and June, the company said. Earnings before interest, taxes, depreciation and amortisation (EBITDA) came in at 1.36 billion euros, up 8.2%.
Record Capital Expenditure Details
($1 = 0.8666 euros)
(Reporting by Enrico Sciacovelli and Philippe Leroy Beaulieu in Gdansk, editing XXX)
