energy company . for the greek conglomerate see gek terna and terna energy . terna s.p.a. type societ per azioni traded as bit trn industry utilities founded 1999 headquarters rome italy key people catia bastioli chairman matteo del fante ceo services transmission system operator revenue 2 082 million 2015 1 operating income 1 022.4 million 2015 1 profit 595.5 million 2015 1 total assets 15 457 million 2015 1 total equity 3 320.8 million 2015 1 number of employees 3 767 2015 1 subsidiaries terna rete italia s.p.a. 100 % terna rete italia s.r.l. 100 % terna storage 100 % terna plus s.r.l. 100 % terna crna gora d.o.o. 100 % 2 website www.terna.it terna group is a group of energy companies based in rome italy . terna rete italia an italian electricity transmission system operator whereas terna plus is in charge of new business opportunities and non traditional activities in italy and abroad . 3 with 63 500 kilometres 39 500 mi of power lines or around 98 % of the italian high voltage power transmission grid terna is the first independent electricity transmission grid operator in europe and the sixth in the world based on the size of its electrical grid . 4 terna is listed on the borsa italiana 5 and is a constituent of the ftse mib index . 6 contents 1 history 2 operations 3 board of directors 4 shareholders 5 awards 6 references 7 external links history edit on 31 may 1999 terna was established within the enel group by way of implementation of italian legislative decree no. 79 99 7 which within the context of the process for the deregulation of the italian electricity sector sanctioned the separation between ownership and management of the national transmission grid . on 23 june 2004 following the prime minister s decree issued on 11 may of the same year terna was put on sale with an ipo on borsa italiana . in 2010 terna joined desertec 8 a project aimed at producing and transmitting renewable energy in the middle east and north africa mena to meet local needs and be assigned in part to the european interconnected grid . in 2011 terna group adopted a new organizational structure . through terna rete italia 9 safely manages the italian electricity system with more than 63 500 kilometers of high voltage lines . through terna plus manages new business opportunities and non traditional activities in italy and abroad . 2011 was the 7th consecutive year of growth for the group . a dividend of 21 was paid per share . the 2011 results were submitted by the ceo flavio cattaneo during the terna board of administration meeting held to approve the strategic plan 2012 2016 . in 2012 terna consolidated revenues stood at 1 806 million euros 10.4 % compared to 2011 mainly due to the grid transmission fee and to the results from non traditional activities carried out by the group . 10 on january 31 2012 terna presented the development plan of the national electricity transmission grid 11 for the decade 2012 2021 . the plan is drafted and updated every year and in 2012 it included investments for over 7 billion euro aimed at increasing efficiency for the electricity system including the reduction of energy losses and the reduction of co2 emissions . in 2013 terna consolidated revenues stood at 1 896 million euros with an increase of 90.5 million euros 5 % compared to 2012 . ebitda stood at 1 281 million euros 6 5 % group net income at 514 million euro 10 8 % . 12 operations edit terna is responsible for national electricity transmission management and development in italy . terna s assets include 72 600 km of lines 1 850 transformation and switching stations 1 1 national control center cnc 8 distribution centers cr 3 energy conduction centers cti 25 lines of interconnections with other countries cti 1 sa.pe.i . the longest underwater cable in the world 435 km with a capacity of 1000 mw to safeguard its assets terna has created an organization capable of protecting the company s physical and technological infrastructures also through the prevention and management of episodes of corporate fraud . in this framework in order to guarantee the maximum safeguarding of said infrastructures and investments it has signed memoranda of understanding first of its kind and type with the ministry of the interior carabinieri and guardia di finanza . in 2010 the company invested 1.06 billion that financed the construction of 1000 km of new electrical lines and 48 new stations . terna s transmission lines carried 326.16 billion kwh in 2010 of which 13 286.53 billion generated by power plants in italy 45.76 billion imported 1.81 billion exported 4.31 billion for pumping stations in turn 286.53 billion kwh were generated by thermoelectric power plants 218.35 billion hydroelectric power plants 53.16 billion wind power plants 8.37 billion geothermal power plants 5.03 billion photovoltaic power plants 1.6 billion board of directors edit board members 1 catia bastioli chairwoman matteo del fante chief executive officer cesare calari carlo cerami fabio corsico luca dal fabbro yunpeng he gabriella porcelli stefano saglia shareholders edit terna has been listed in the italian stock exchange since 2004 . its major shareholder was cassa depositi e prestiti with 29.85 % of shares which in 2014 transferred to a sub holding companies cdp reti a joint venture of cdp and state grid corporation of china . the remaining nearly 70 % is held by other institutional and retail investors . 14 among the principal shareholders of the company romano minozzi with 5.6 % blackrock inc. with 2.4 % and assicurazioni generali with 2.0 % . awards edit according to the edison electric institute terna is the best european company among utilities by total return of shares in 2010 2012 . 15 in these three years terna s return stood at 24 % compared to average returns in the sector dj stoxx 10 % ftse mib 21 % . in 2010 terna did receive the same recognition for the 2007 2009 as terna s share return stood at 40 % achieving a net overperfomance nearly 55 % compared to the european sector that registered 15 % . references edit a b c d e f g h i j annual report 2015 pdf . retrieved 20 september 2016 . terna profile . terna the wall street journal terna official website terna borsa italiana text s & p affirms terna spa ratings reuters oecd economic survey of italy 2007 enhancing competition and productivity in services desertec terna becomes shareholder of dii terna rete italia official website terna s board of directors 2012 results approved . retrieved 14 january 2016 . grid development plan summary . retrieved 14 january 2016 . terna s board of directors 2013 results approved terna annual report 2010 pdf . retrieved 14 january 2016 . shareholding structure and shareholders agreements . retrieved 14 january 2016 . terna the best european utility for shareholder return external links edit official website corriere economia http rassegnastampa.mef.gov.it mefeconomica view.aspx id 2010051715717598 1 corriere della sera http archiviostorico.corriere.it 2010 marzo 08 aziende chi vaccinato contro corruzione ce 0 100308031 . shtml companies portal v t e ftse mib companies of italy a2a anima atlantia azimut banca mediolanum banca monte dei paschi di siena banca popolare dell emilia romagna banca popolare di milano banco popolare buzzi unicem campari cnh industrial enel eni exor fca ferrari finecobank finmeccanica generali intesa sanpaolo italcementi luxottica mediaset mediobanca moncler pirelli & c. prysmian saipem salvatore ferragamo snam stmicroelectronics telecom italia tenaris terna ubi banca unicredit unipol unipolsai ynap retrieved from https en.wikipedia.org w index.php title terna group & oldid 740339029 categories companies listed on the borsa italianaelectric power transmission system operators in italyformer enel subsidiariesformerly government owned companies of italyhidden categories official website different in wikidata and wikipedia navigation menu personal tools not logged 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