TERNA SIGNS JOINT DEVELOPMENT AGREEMENT WITH MERIDIAM AND BOUNDLESS ENERGY FOR THE DEVELOPMENT OF BUSINESS IN THE USA
ROME, Oct. 24, 2022 /PRNewswire/ -- Terna USA, the recently founded new company of the Terna Group, Meridiam and Boundless Energy have signed a Joint Development Agreement aimed at joint business ventures in the United States in the electricity-transmission field.
- The partnership will benefit from a unique expertise of the Terna Group and Meridiam, combined with the technical background and portfolio of projects already developed by Boundless Energy
ROME, Oct. 24, 2022 /PRNewswire/ -- Terna USA, the recently founded new company of the Terna Group, Meridiam and Boundless Energy have signed a Joint Development Agreement aimed at joint business ventures in the United States in the electricity-transmission field. - Meridiam is an independent investment Benefit Corporation under French law that has over US$ 18 billion of assets under management.
- Meridiam recently closed the first ever sub sea electricity transmission link between the United Kingdom and Germany in Europe.
- In fact, Boundless Energy has successfully managed the development and implementation of "Neptune", a 40 km undersea connection between New Jersey and Long Island, which went live in 2005.