Our vision to 2030
In November 2021, Iren launched its most ambitious project to date, a ten-year Business Plan that aims to design a sustainable future for its territories for the benefit of every community. In November 2025, Iren updated its Business Plan, increasing its strategic focus and reviewing its capital allocation in order to ensure stable and visible returns over time and careful financial discipline.
The business plan for 2030 provides for technical investments of €6.4 billion and is integrated into a transition plan for 2040, which sees Iren committed to a concrete and measurable long-term path, in line with the European Sustainable Development Goals. ESG commitments and targets are developed in accordance with the guidelines of ecological transition and the centrality of communities and people, and are divided into five focus areas: decarbonisation, circular economy, water resources, resilient cities and people. For each performance indicator identified, Iren has set quantitative improvement targets for 2028, 2030 and 2040, outlining a clear and monitorable path over time. In order to achieve these objectives, the commitment in terms of investment has been assessed and technological developments such as CO2 capture have also been hypothesised.
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
Ecological transition, value creation for local areas and service quality guide capital allocation and embody IREN's guiding values.
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.
6.4 Bn €
investments to 2030
Action Plan
A €6.4 billion technical investment plan over six years, 40% of which will support the Group's development and growth, based on projects with low execution risk, high predictability of results and significant investment in sustainable projects/activities.
+330 mln €
in EBITDA (vs 2024)
Eco-fin and ESG targets
Iren aims to grow both in terms of EBITDA, which will reach €1.6 billion in 2030, with an annual growth rate of 4%, and in terms of net profit, expected to be around €400 million at the end of the plan, with a growth rate of 7%, while maintaining a solid financial profile with an IFN/EBITDA ratio EBITDA ratio that will gradually improve over the course of the plan.
8%
Annual growth
until 2027
Dividend Policy
The new dividend policy, which provides for dividend growth of +8% until 2027 and +6% from 2028 to 2030, reflects the Group's solid financial position and confidence in the growth prospects of its financial results, while ensuring stable and predictable returns for shareholders.
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.