2021–2024 Strategic Plan of AB “Ignitis grupė” group of companies has been approved
On 25 February 2021 the Supervisory Board of AB “Ignitis grupė” (hereinafter – the Company) approved the Strategic Plan for 2021–2024 (hereinafter – Strategic plan) of the Company’s group of companies (hereinafter – the Group), which establishes the Group’s ambition to focus mainly on the Green Generation investments and Network modernisation and digitisation in the following years. The Strategic Plan describes the implementation of priorities and directions of the updated long-term strategy of the Group, which was announced in June 2020, for the period of 2021–2024.
It is estimated that the Group’s adjusted EBITDA in 2024 will reach EUR 350–390m. Average annual EBITDA growth during 2020–2024 is estimated to be 4.7–7.5% – it will be mostly affected by growth in Green Generation segment