Terna's dividend policy will not change over the course of the 2014-2018 plan despite the tariff review expected in 2016. This was assured by the managing director, Matteo Del Fante, heard in the Senate's Industry Committee.
Given that Terna's stock is "considered to carry very little risk, the dividend is an important part, therefore - he said - putting the dividend at risk is not an appropriate policy for the company". On the sidelines of the hearing, Del Fante reiterated that "at the moment we have no reason to make different considerations" with respect to the already approved plan which envisages a stable dividend policy.
The CEO then confirmed that Terna intends to proceed with the tender for the privatization of the Greek electricity grid. There will be a postponement to December in the timing of the offer, however he added on the sidelines of the hearing.
