CERNOBBIO, Italy (Reuters) - Italian power grid company Terna (TRN.MI) is considering high-end service acquisitions in the United States, its CEO told Reuters on Friday.
The state-controlled group is looking at taking equity stakes in foreign companies or buying into sectors offering high-end energy solutions, Luigi Ferraris said on the sidelines of a meeting.
“There’s Latin America where we are already, but we’re also looking carefully at the United States as regards high value-added services,” he said.
Ferraris, a former manager at Italy’s top utility Enel (ENEI.MI), said the group would consider acquisitions in Europe too.
Reporting by Giancarlo Navach, writing by Stephen Jewkes, editing by Francesca Landini