To deliver on our strategy, we plan to invest EUR 3.0–4.0 billion over the 2024–2027 period with over 85–90% of the investments to be aligned with the EU Taxonomy.
We plan to direct EUR 1.8–2.4 billion (around 61% of the Investments) to further develop green generation and green flexibility technologies and double the installed Green Capacities. More than half of the Green Capacities Investments over the 2024–2027 period relate to new Installed Green Capacities additions after 2027.
We are planning to direct EUR 1.1–1.3 billion or one third of our Investments towards the expansion of a resilient and efficient electricity distribution network, which is one of key elements of a successful energy transition.
We are expecting the Group’s Adjusted EBITDA in 2027 to be within the range of EUR 550–650 million compared to EUR 484.7 million in 2023. The average Adjusted ROCE is projected to reach 6.5–7.5% in 2024–2027.
We expect to maintain our credit rating of ‘BBB’ and above over the 2024–2027 period. We will continue our investment programme while maintaining net debt to EBITDA below 5 times.
We are committed to a at least 3% annual dividend growth, representing a 7.3–8.0% implied dividend yield in the 2024–2027 period.
We are driving the investments up to reach our long-term goal of 4–5 GW Green Capacities installed by 2030 and further exploiting the opportunities for green energy expansion, while accelerating the energy transition and electrification in the Baltics and Poland.
Our growth ambitions are backed by our extensive Green Capacities portfolio. We are expanding our networks as they are the key component to a successful energy transition.
CEO, Ignitis Group
The majority of our investments will be directed towards the build-out of the Green Capacities. This will double our installed capacity by 2027. One third of our investments will go towards strengthening and expanding our networks. This will boost their resilience and enable the electrification of other sectors.
Financial discipline is at our core. We are committed to a at least 3% annual dividend growth, representing a 8.0% implied dividend yield in 2027.
CFO, Ignitis Group
Sustainability
Sustainability
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Our values unite, motivate and inspire us: responsibility, partnership, openness and growth
Our purpose is to create a 100% green and secure energy ecosystem for current and future generations
We are exploiting the opportunities for green energy expansion, while accelerating the energy transition and electrification in the Baltics and Poland
Ignitis Group is a renewables-focused integrated utility. We are leveraging our integrated business model to enable Green Capacities build–out