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Terna Forward Bets 50 Million on Energy and Digital Transition

Launched in late 2022, Terna Forward aims to invest €50 million in startups and large companies with high innovation potential. This initiative supports Terna’s dual transition strategy—energy and digital—part of their €2 billion 2024-2028 Industrial Plan. Terna Forward focuses on enhancing grid resilience, reliability, and efficiency, while advancing energy tech, grid tech, and digital solutions.



Terna Forward

Launched at the end of 2022, Terna Forward is the vehicle with which the group of the same name that manages the national electricity grid intends to invest 50 million euros in both startups and even large companies, as long as they have high innovative potential and growth.

The company plays a key role in Terna’s strategy based on the double transition, energy and digital, which is one of the pillars of the 2024-2028 Industrial Plan for which Terna has allocated around 2 billion euros on digitalization and innovation.

Terna Forward is also an investor in the Energy Tech and Infra Tech sectors

There are around 70 innovation projects carried out by the group led by Giuseppina Di Foggia . on five technological areas : Digital (intelligent solutions for energy and power management); Energy Tech (innovative solutions that use more efficient and green technologies); Grid Tech (technologies for effective management of the network infrastructure); Advanced Materials (research and development of eco-compatible materials with reduced environmental impact) and Robotics (for process automation).

Terna Forward is also an investor in the Energy Tech and Infra Tech sectors of the Corporate Partner I Fund of CDP Venture Capital, sectors which have already made seven investments in digital and sustainable technologies for the energy transition.

The investment strategy looks at all innovative companies capable of accelerating the energy transition. The investments of Terna Forward, led by Massimiliano Garri , who is also executive vice president of Innovation and Market Solutions of the Terna group, already responsible for Innovation of the Roman multi-utility Acea, are aimed in particular at satisfying four needs : making the electricity transmission networks more resilient in order to reduce uncertainty in supplies; maximize the reliability and efficiency of the electricity grid; reduce the risks associated with maintenance to the maximum; and adopt new ways of working , to improve the services offered and working conditions

In addition to the new solutions to support the maintenance and resilience of infrastructure and the electricity system, Terna Forward identifies the most promising entities with the most impactful technologies for achieving the objectives of the energy transition.

Terna Forward’s first direct investment, announced last March and carried out together with DXT Commodities ( Duferco Group ), was the joint subscription of a 2.8 million euro round in the Italian Wesii, leader in inspection and remote sensing services in renewable energy through drones and aircraft equipped with high definition and infrared thermal cameras for the thermographic analysis of electrical systems and infrastructures, guaranteeing maximum accuracy of the analyzes aimed at identifying and locating any anomalies.


(Featured image by Diz Play via Unsplash)

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First published in Be Beez. A third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.

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Jeremy Whannell loves writing about the great outdoors, business ventures and tech giants, cryptocurrencies, marijuana stocks, and other investment topics. His proficiency in internet culture rivals his obsession with artificial intelligence and gaming developments. A biker and nature enthusiast, he prefers working and writing out in the wild over an afternoon in a coffee shop.