Due to the advancements in the OLED technology, research on new materials as active layers for the production of OLED devices has grown steadily. The synthesis of new polymers has been investigated to obtain characteristics that optimize the intensity, durability, and emission of the spectra of the OLEDs in specific spectral regions. The terpolymer LaPPS76 (L76) has a structure that combines segments of copolymers fluorenebenzothiadiazole (L54) and fluorene-terpyridine (L75). This study characterized the emission of terpolymer L76 and quantified the energy transfer (ET) processes between these chromophores. Solutions of L76 diluted in tetrahydrofuran (THF) were prepared with two relative percentages of chromophores. Additionally, mixtures of copolymers L75 and L54 were prepared, in the same proportions as they appear in the terpolymer, to compare the emission properties of the blends with those of the terpolymers. The optical characterization of L76 revealed that internal ET occurs within the molecule, from fluorene-terpyridine (FT) to fluorene-benzothiadiazole (FB), and ET saturation is observed for higher percentages of FT. The comparison between the emission from the blend and the one from the terpolymer, as a function of the solution concentration, highlights the difference in transfer processes. The efficiency of ET was quantified through calculations based on the lifetime and Forster radius, both showing higher ET efficiency in the terpolymers. The material with the highest donor concentration achieved an ET efficiency of nearly 100%, as calculated using the Forster radius.