Indeed, it was precisely the solidity of the strategy outlined by Iren, together with the enhancement of internal professionals and the presence of a united and cohesive management team, that made it possible to promptly address and overcome the extraordinary circumstances that occurred during 2024 without impact.
In an energy scenario increasingly linked to external events, such as the continuation of conflicts in Ukraine and the Middle East, in 2024, Iren Group managed to confirm its ability to grow and consolidate its results. EBITDA, at over 1.27 billion euro, in fact shows growth of 6.5% compared to 2023: this confirms the development trajectory outlined in the Industrial Plan and Iren's ability to adapt to different market contexts, thanks above all to its multi-business model.
Total investments, amounting to 942 million euro, were 71% oriented towards sustainable development projects, confirming the Group's industrial strategy. The focus on sustainability is evidenced by the results achieved in several areas: separate waste collection exceeded 72% in the historical areas of operation and came close to 70% in the entire basin served, the carbon intensity of energy production saw a significant reduction (-7%), and the positive trend in the reduction of losses in the water network continued. Green energy sold reached 2,400 GWh, contributing to energy savings of over 470,000 tonnes equivalent of oil (+33%).