Brief: Terna Energy Says Financial Impact From Weather Conditions In Texas Can In No Way Exceed EUR 90.0 Million

Terna Energy SA

19/02/2021 16:52

Feb 19 (Reuters) - Terna Energy SA  TENr.AT :
    * TERNA ENERGY SAYS DUE TO SEVERE WINTER WEATHER IN TEXAS IT
MIGHT
BE FORCED TO PROCEED TO ENERGY PURCHASES AT HIGH PRICES
    * TERNA ENERGY SAYS COMPANY IS CONSIDERING A NUMBER OF
MEASURES
FOR OPTIMAL MANAGEMENT OF ANY FINANCIAL IMPACT THAT MIGHT ARISE
INCLUDING INVOCATION OF A “FORCE MAJEURE” EVENT
    * TERNA ENERGY SAYS IF FINANCIAL IMPACT EXISTS IT CAN IN NO
WAY
EXCEED EUR 90.0 MILLION

Source text: https://bit.ly/3udZXnE
    
Further company coverage:  TENr.AT 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))