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What smart money is saying about Terna - ReteItaly flag

TRN.MI · Utilities · Regulated Electric · Market cap $20.69B

1 fund in our archive has pitched Terna - Rete — most recently Acatis in March 2025.

Company profile

Terna - Rete Elettrica Nazionale Società per Azioni, together with its subsidiaries, engages in the electricity transmission and dispatching activities in Italy, Euro-area countries, and internationally. The company operates through Regulated, Non-Regulated, and International segments. It is involved in the planning, development, management, operation, and maintenance of national transmission grid, electricity infrastructures, and high-voltage infrastructures. The company also offers telecommunications systems and equipment, connectivity services, energy solutions, and operation and maintenance services. In addition, it designs, produces, commercializes, and repairs power transformers for electricity transmission and distribution grids, industrial transformers for the steel and metals industries, and special transformers for convertors used in electrochemical production; designs, produces, and supplies marine and terrestrial cables; implements and develops renewable energy projects; and undertakes private interconnector projects, as well as owns the national transmission grid. The company was founded in 1999 and is headquartered in Rome, Italy.

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Summarize with Warren AI
1
Reported positions
0
Bought
1
Sold
2
Letters

Position history

Between Q1 2025 and Q3 2026, 1 fund letter reported a position in Terna - Rete1 trimmed or exited.

Fund letters reporting a position in Terna - Rete, by quarter
QuarterLettersBoughtSoldTheses
Q3 20261010
Q1 20250001

Fund activity · 1 position · 1 move

  • TrimmedACATIS Investment Report
    July 2026
    In addition to semiconductor stocks, we also used the broad market optimism to take profits on other highly valued shares such as Aurubis and Terna.
    Read the letterTerna - Rete

Fund coverage · 1 thesis

  • Acatis
    March 2025

    Terna Rete Elettrica is a regulated high-voltage grid operator in Italy with stable cash flows, supports renewable energy expansion, and offers an attractive dividend yield of about 4.5%.

    Read the full thesis

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