We are accelerating the energy transition toward clean energy: decarbonization, electrification of consumption, and effective action to combat climate change. This is what we do, and it’s encapsulated in our mission: Build the future through sustainable power, in environmental, social, and financial terms. We develop and manage renewable energy plants – onshore wind, photovoltaic, hydroelectric, and geothermal – investing in the hybridization of different technologies and sources, integration with other sectors, and innovative circular economy solutions to find a new role for end-of-life components. We also focus on battery energy storage systems (BESS) and hydroelectric pumping: these are essential technologies for managing the unpredictability of renewable sources, making grids more flexible, and ensuring continuity of supply. The stages of our growth By 2028, we expect to exceed 80 GW of installed renewable capacity, adding approximately 15 GW of new capacity between 2026 and 2028. This is responsible energy, and it’s measurable in numbers. The total investment planned for renewables over the next three years is approximately €20 billion. 50% of this amount will be allocated to wind power (+€5 billion compared to the previous plan), 18% to photovoltaics, and 15% to battery storage systems (+€2 billion compared to the previous plan). 50% of the investments will be concentrated in Europe, particularly Italy and Spain, with the remainder being allocated to strategic markets outside Europe, mainly the United States. We are continuing to pursue our goal of achieving net zero emissions by 2040 through 100% renewable energy production. It’s estimated that by the end of 2025, the Group's total emissions will already be almost 70% lower than in 2017, which is close to the target set for 2030. Sustainable development driven by renewable energy Renewable energy plays a central role in the Group's strategy. Investments in the sector will accelerate significantly and will focus in particular on geographies characterized by a significant growth in electricity demand. Expansion will take place both through greenfield projects, with the construction of new plants, and through brownfield operations, through the acquisition of plants that are already in operation. Through innovative projects and collaborations with partners and startups, we’re constantly working to increase production and reduce generation costs. Through storage systems, we’re also contributing to grid stability, enabling the continued growth of renewables. We want a fair and inclusive energy transition: one that strengthens ties with communities, involves customers and suppliers, and values people for what they know and who they are. People are the driving force behind everything we do. We share with them the values that guide our work: innovation, trust, proactivity, flexibility, and respect. We are creating shared value for all our stakeholders – shareholders, local communities, customers, partners – with a sustainable business model that adapts to the different environments where we operate. Thanks to our people, technological innovation, and operational excellence, we’re building the future every day. This is with the certainty that we can continue to grow in terms of capacity, efficiency, and positive impact for everyone.
