Home » Terna-Prysmian: tender for Tyrrhenian Link works published, positive impact for Equita

Terna-Prysmian: tender for Tyrrhenian Link works published, positive impact for Equita

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Two big names in Piazza Affari, Terna and Prysmian, end up under the lens of Equita. In today’s report, the analysts of the Milanese sim underlined that Terna published in the European Gazette the call for tenders to build 4 electrical stations of the Tyrrhenian Link interconnector, the cable that will connect Campania, Sicily and Sardinia. This is a call for a total of 830 million and offers are expected by the end of August. “We believe the launch of tenders for the construction of the Tyrrhenian Link is positive. This is a very important project for Terna, because it ensures visibility for the growth of investments in the medium-long term, considering the 3.7 billion of investments estimated to complete the ‘operates by 2028. The investments included in the 2021-25 business plan amount to 1.8 billion, concentrated in the last part of the plan “, underline the experts who maintain the buy recommendation on Terna and hold on Prysmian. Equita also points out that the “news of the launch of calls for tenders for the Tyrrhenian Link is also positive for Prysmian”.

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