Terna — Capital/Financing Update 2024

Jul 31, 2024

TERNA SIGNS AN ESG-LINKED CREDIT FACILITY FOR €400 MILLION

The transaction confirms the central role that sustainability plays in Terna's strategy

Rome, 31 July 2024 – Terna signed today an ESG-linked Credit Facility Agreement for a total amount of euro 400 million. The transaction involved BANCA NAZIONALE DEL LAVORO S.P.A. and CaixaBank S.A. (as Original Lenders), and BNP Paribas S.A., Italian Branch (as Sustainability Coordinator).

The credit line will have a maturity of 5 years with an interest rate linked to Terna's performance in relation to specific environmental, social and governance ("ESG") indicators.

The transaction allows Terna to count on a liquidity appropriate to its financial soundness and confirms the Group's strong commitment to the introduction of a business model which aims to reinforce sustainability as a strategic lever for creating value for all its stakeholders.