Ignitis Group plans €2.5-3B investment to boost green energy and networks by 2029 with strong financial targets.

Ignitis Group has unveiled its Strategic Plan for 2026–2029, focusing on expanding green energy capacity to 2.8–3.2 GW and enhancing electricity networks to support electrification and resilience. The company will invest €2.5–3.0 billion, with 55% directed towards electricity distribution and 40% towards green generation and flexibility technologies. The plan aims for a 14% reduction in carbon emissions intensity by 2029, improved customer experience including EV charging infrastructure, and financial targets including an Adjusted EBITDA of €640–700 million and a dividend yield of 7.2%. This strategy marks a shift from rapid capacity growth to a value-over-volume approach, emphasizing sustainable and disciplined investments.