Our vision to 2030
Our vision to 2030
In November 2021, Iren launches its most ambitious project, a 10-year Business Plan that aims to design a sustainable future for its territories for the benefit of every community. In June 2024, Iren updated its Business Plan by increasing its strategic focus and reviewing capital allocation to ensure sound financial discipline. An investment plan of 8.2 billion euros over the next 7 years, mainly allocated to the regulated network sectors (electricity, gas and integrated water cycle), the development of new power generation capacity from renewable sources, plant development in the waste sector and the growth of the customer base.
Our integrated strategy
Our integrated strategy
Strongly integrated with the sustainability strategy, Iren's industrial strategy is developed according to the guidelines of the green transition, the centrality of communities and people and is divided into five focus areas: decarbonisation, circular economy, water resources, resilient cities and people.
Strategic pillars
Strategic pillars
Green Transition, Value creation from territories and Service Quality guide the action of Iren S.p.A.'s Business Plan. The three strategic pillars point the way to meeting the needs of citizens and territories, maximising the commitment to offering the highest quality standards while reducing environmental impacts.
Sector trends
Sector trends
Iren's growth strategy is consistent with the main sector macro-trends, for each of which concrete actions are in fact planned to achieve European and national objectives. The preservation of natural resources, circular economy, energy transition, and decarbonization of energy generation sources are the basis of all investment projects identified by Iren in the 2030 Business Plan.
8.2 Bn €
investments to 2030
investments to 2030
Action Plan
Action Plan
An 8.2 billion euro investment plan over 7 years, 60% of which will support the development of all the Group's business lines, based on projects with low execution risk, high predictability of results and a high degree of flexibility.
+600 mln €
in EBITDA (vs 2023)
in EBITDA (vs 2023)
Eco-fin and ESG targets
Eco-fin and ESG targets
Iren aims to a strong EBITDA increase, 1.8 billion Euro in 2030, with an annual growth rate of 6% and a solid financial profile.
8%
Annual growth
Annual growth
until 2027
until 2027
Dividend Policy
Dividend Policy
The new dividend policy envisages until 2027 a dividend equal to the maximum value between an annual increase of 8% and a pay-out of 60% of ordinary Group net income. For subsequent years equal to a 60% pay-out.
Risk Profile
Risk Profile
The risk assessment mode is integrated, cross-cutting, dynamic and enhances the management systems already in place in individual business processes, starting with those related to fraud prevention, corruption, health, quality and environmental safety.