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. The quality of the growth path undertaken was confirmed by the unexpected events that affected the first years of the plan. Therefore, in March 2023, Iren updated its Business Plan, confirming its strategic vision, consistent with the major challenges facing the country and further strengthening its investments, amounting to 10.5 billion euro over the next 8 years (+200 million vs. 2021-2030 Plan), which foresee an acceleration in the energy transition through the development of renewable capacity thanks to photovoltaic power, onshore and offshore wind power, but also thanks to the creation of widespread energy communities.
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Our integrated strategy
Our integrated strategy
Strongly integrated with the sustainability strategy, Iren's industrial strategy is developed according to the guidelines of the ecological 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
Ecological Transition, Territoriality 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, consistent with the main macro-trends of the sector, is further strengthened following 2022 exogenous events, accelerating the need for decarbonisation and development of renewable generation sources, circular economy, energy efficiency and safeguarding of natural resources.
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Action Plan
Action Plan
Iren's growth strategy is supported by the strengthening of its investment plan, which envisages a cumulative amount of 10.5 billion Euro over 8 years (+200 million vs. 2021-2030 Plan).
Eco-fin and ESG targets
Eco-fin and ESG targets
Iren aims to a strong EBITDA increase, close to 1.87 billion Euro in 2030, with an annual growth rate of 7.4% and a solid financial profile.
10%
Annual growth
Annual growth
until 2025
until 2025
Dividend Policy
Dividend Policy
Despite the large increase in investment, the dividend policy has an estimated annual growth of 10% until 2025. From 2025, the dividend pay-out will be 50-60% of Group net profit.
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.