Ignitis grupe (IGN1L) Investor presentation summary

Strategic direction and business model

• Operates as the leading integrated energy group in the Baltics, with activities in Lithuania, Latvia, Estonia, Poland, and Finland.

• Pursues a secure, green, and integrated energy ecosystem, focusing on energy system security, green energy growth, and value-driven long-term returns.

• Integrated business model leverages the largest network, energy storage, and customer base in the region.

• Strategic priorities include expanding green capacities, resilient networks, and capturing synergies across business segments.

Green capacities and investments

• Installed green capacity reached 2.1 GW, with a target of 2.8–3.2 GW by 2029 and a strategic goal of 4–5 GW.

• Portfolio includes onshore wind, solar, biomass, waste-to-energy, hydro, and battery storage, with a focus on flexibility and value over volume.

• Major projects under construction include Tume SF (173.4 MW), Kruonis PSHP expansion (+110 MW), and multiple BESS projects.

• Planned investments in green capacities for 2026–2029 are €1.0–1.2bn, with only 18% currently committed.

Networks and regulated activities

• Operates the largest electricity and gas distribution networks in Lithuania, serving 1.9 million customers and covering the entire country.

• Regulated asset base (RAB) for 2026 is €1.9bn, with approved WACC of 5.77% for electricity and 5.56% for gas.

• Strategic focus on network resilience, expansion, and customer experience, with significant investments in automation and digitalization.

• Network investments for 2026–2029 are projected at €1.4–1.6bn.