Italy grid operator Terna obtains solar O&M supplier in US$ 28m deal

• Italian grid operator Terna has actually acquired Italian solar O&M supplier LT in a EUR24 million (US$ 27.8 million) purchase.

Terna has actually made the procurement from its Terna Energy Solutions department, with Terna acquiring 100% of the equity of LT.

LT brings with it a portfolio of 1GW of solar PV systems under monitoring, with Terna handling service stipulation obligations.

Terna claimed the bargain verified its function as an "enabler" of the energy change in Italy and would certainly attest its assistance for renewables in the nation.

In addition to O&M solution, LT also gives style, building and construction as well as repowering services for the solar PV sector.