Terna Energy Solutions has acquired 75% of LT Holding, thus becoming the leading O&M player in renewables
Terna Energy Solutions, company of Terna group, signed the deal to acquire 75% of LT Holding. Thus was born the first national operator in the O&M (operation & maintenance) sector of photovoltaic systems, with about a thousand megawatts under management.
The agreement, underlines the note, confirms the role of Terna as director and enabler of the energy transition and the constant support for the growth of renewables.
LT is one of the main Italian operators in the sector of maintenance of photovoltaic systems and is also active in the design and implementation of interventions revamping And repowering of existing plants, as well as in the construction of new plants on behalf of third parties.
The transaction was concluded on the basis of a valuation of 24 million euros in terms of equity value for 100% of the company.
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