Ignitis grupe (IGN1L) Strategic Plan 2026–2029 presentation summary

Strategic vision and priorities

• Aims to create a 100% secure and green energy ecosystem, leading the regional energy transition and supporting economic growth.

• Focuses on four pillars: energy system security, green energy growth, integrated business model synergies, and long-term value creation.

• Operates across the Baltics, Poland, and Finland, leveraging the largest network, storage, and customer base in the region.

Business segments and growth targets

• Green Capacities: Targeting 2.8–3.2 GW installed by 2029, with a strategic focus on value over volume and large-scale flexibility assets.

• Networks: Largest in the Baltics, with 1.9 million customers and 132,700 km of lines, focusing on resilience, expansion, and customer experience.

• Reserve Capacities: 1.1 GW installed, providing system security and market optionality, with >98% availability targeted.

• Customers & Solutions: 1.4 million customers, aiming for value-driven growth, leading EV charging, and outstanding customer experience.

Investment, financials, and returns

• Plans €2.5–3.0 billion investments over 2026–2029, prioritizing projects with returns ≥100 bps above WACC.

• Adjusted EBITDA targeted at €640–700 million by 2029, with adjusted net profit of €250–290 million.

• Committed to a solid investment-grade credit rating (BBB or above) and maintaining net debt/EBITDA at 3–4x.

• Dividend floor set at ≥€1.54 for 2029, with ≥3% annual growth and an estimated 7.2% yield.