Terna USA Enters the American Market

Terna, Meridiam and Boundless Energy partner in Terna USA to implement transmission infrastructure projects.

Share:

Comprehensive energy news coverage, updated nonstop

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access • Archives included • Professional invoice

OTHER ACCESS OPTIONS

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

FREE ACCOUNT

3 articles offered per month

FREE

*Prices are excluding VAT, which may vary depending on your location or professional status

Since 2021: 35,000 articles • 150+ analyses per week

Terna, Meridiam and Boundless Energy partner in Terna USA to implement transmission infrastructure projects.

Italian expertise

Terna USA will pursue business opportunities related to the acquisition of onshore and offshore transmission infrastructure. This partnership will benefit from the expertise of the Terna Group and Meridiam. Boundless Energy will provide the technical vision and combine its portfolio of already developed projects.

Regulations in the U.S. provide for a rebalancing between areas of high electricity demand and generation areas. Thus, on the technical level, underground or submarine cables are necessary. Developmentally, these projects involve several states or regions of the United States.

Terna, Italy’s national power grid operator, will contribute its expertise in underground and submarine cables. This expertise concerns, for example, the Tyrrhenian link, a submarine project linking Campania, Sicily and Sardinia.

A complementary partnership

Meridiam is an independent investment firm with over $18 billion in assets under management. The group is building the first submarine power link between the UK and Germany. This 725 kilometer long energy link provides electricity to 1.5 million homes.

Boundless Energy, is an American developer of transportation projects. The company seeks to optimize the capacity and reliability of the U.S. system. It has experience and a portfolio of projects in the United States.

Giacomo Donnini, head of major projects and international development for the Terna Group, says:

“By partnering with two leading and highly experienced industry players, Terna can pursue important business objectives with a low-capitalization strategy, contributing to the development of the U.S. electric system and increasingly integrating energy generated from renewables such as solar and wind power.”

Terna’s partner, Boundless Energy, is behind the project called Neptune. The project connects New Jersey and Long Island over 40 kilometers.

TotalEnergies has signed an agreement to sell its subsidiary GreenFlex to engineering group Oteis, marking a step in its strategy to concentrate on energy production and supply.
VoltaGrid and Halliburton launch a strategic collaboration to deploy distributed power systems for data centres, with an initial rollout planned in the Middle East.
Japan's power futures market is poised for rapid expansion, backed by a government reform requiring supply contracts up to three years in advance.
PermRock Royalty Trust announces a $384,018 distribution to its unitholders, supported by higher production volumes despite a significant drop in oil prices and increased operating expenses.
The acquisition of U.S.-based ERG Environmental enables Arcwood to expand its footprint in the Great Lakes region and broaden its services to industrial and municipal sectors.
Energy services provider SLB saw its net income fall by 38% year on year in Q3 2025, even as the integration of ChampionX helped lift revenue by 4% sequentially.
EDF confirms it is exploring capital openings and calls for strict investment prioritisation, facing €54.3bn ($57.5bn) in debt and massive funding needs by 2040.
A consortium led by Masdar and CPP Investments proposes to acquire all of ReNew at $8.15 per share, representing a 15.3% increase over the initial offer.
In Kuala Lumpur, Huawei Digital Power unveiled its grid-forming technologies, positioned as a strategic lever to strengthen power interconnections and accelerate energy market development across ASEAN.
Voltalia has entered a strategic partnership with IFC to develop tailored renewable energy projects for the mining sector across several African countries.
Ghana will receive increased backing from the World Bank to stabilise its electricity grid, as the country faces more than $3.1bn in energy debt.
Repsol has launched a pilot platform of AI multi-agents, developed with Accenture, to transform internal organisation and improve team productivity.
ABB recorded double-digit growth in sales of equipment for data centres, contributing to a 28% increase in net profit in the third quarter, surpassing market expectations.
UK power producer Infinis has secured a £391mn ($476mn) banking agreement to support the next phase of its solar and energy storage development projects.
The Nexans Board of Directors has officially appointed Julien Hueber as Chief Executive Officer, ending Christopher Guérin’s seven-year tenure at the helm of the industrial group.
JP Morgan Chase has launched a $1.5 trillion, ten-year investment initiative targeting critical minerals, defence technologies and strategic supply chains across the United States.
Amid rising global demand for low-carbon technologies, several African countries are launching a regional industrial strategy centred on domestic processing of critical minerals.
Maersk and CATL have signed a strategic memorandum of understanding to strengthen global logistics cooperation and develop large-scale electrification solutions across the supply chain.
ABB made several attempts to acquire Legrand, but the French government opposed the deal, citing strategic concerns linked to data centres.
Aramco becomes Petro Rabigh's majority shareholder after purchasing a 22.5% stake from Sumitomo, consolidating its downstream strategy and supporting the industrial transformation of the Saudi petrochemical complex.

All the latest energy news, all the time

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access - Archives included - Pro invoice

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

*Prices shown are exclusive of VAT, which may vary according to your location or professional status.

Since 2021: 30,000 articles - +150 analyses/week.