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Terna Energy Studies Options Amid Takeover Interest

  • Renewable power producer studying strategic alternatives
  • Greek company working with adviser after receiving approach
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Greek renewables developer Terna Energy SA is evaluating options including a potential sale after attracting takeover interest, people with knowledge of the matter said. 

The Athens-based company is working with a financial adviser to study strategic alternatives, the people said, asking not to be identified because the information is private. Terna, which has a market value of about 2.2 billion euros ($2.3 billion), has received a takeover approach from at least one large infrastructure fund, the people said.