ERG - Business Plan

Our energy in MW installed
data as at 31 march 2025

Our pipeline

indicative data

Our Partinico-Monreale wind farm during the construction phase, as part of the repowering operations.

 

Our battery storage facility in Vicari during the construction phase

 

 

 

With the update to its business strategy, ERG confirms and strengthens its “Value over volume” approach, based on selective and flexible growth that aims to seize the highest value business opportunities. The Group thus renews its commitment to the development of renewables and decarbonised storage technologies thanks to its vision and consolidated experience in this market.

The goal is to reach an installed capacity of 4.2 GW by 2026, with growth ensured for more than 50% by projects that are already completed or under construction. We expect a 20% decrease in total investments of approximately EUR 1.0 billion for the period 2024-2026, with an EBITDA of EUR 600 million by 2026. The strategy will focus on the pipeline of assets currently under construction, stemming from the development of the 5 GW organic project pipeline, with particular attention to the regions where we are already present.

Asset rotation represents a growth lever aimed at maximising the value of our investments. Our technological diversification strategy continues, with an increased focus on battery storage (BESS) projects and hybridisation of wind and solar plants. This approach aims to enhance asset portfolio flexibility by integrating solar and wind power generation with systems capable of balancing production and improving efficiency. The digitalisation of our wind and solar assets will further optimise performance.

As far as Route-to-Market is concerned, the Group intends to leverage its consolidated experience in energy management to optimise its market access strategy. We reaffirm our commitment to achieving the target of 85%90% of quasi-regulated EBITDA through long-term support mechanisms, particularly government CFDs and PPAs with leading corporate counterparties across the various geographies in which we operate. These long-term contractual arrangements remain fundamental tools for addressing ongoing market volatility.

ERG maintains a solid financial structure, capable of supporting both growth and shareholder remuneration in a sustainable manner. The commitment is to increase the buy-back, depending on annual performance, while maintaining the Investment Grade rating. 

The “Value over Volume” approach is based on a number of pre-established basic criteria: