ITALY'S RENEWABLE INVESTMENT $7.1 BLN
REUTERS - Italy's Terna said on Thursday it would spend a record 6.2 billion euros ($7.1 billion) on its power grid to deal with the shift towards the production of more renewable energy.
In its 2019-2023 plan, the state-controlled company also promised to pay higher dividends as it forecast an average growth in core earnings of more than 4 percent.
"The energy transition process is moving faster than expected and renewables and the phasing out of fossil fuels will have a major…
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