Our commitment to the Energy transition will be expressed with 16 billion euros of CAPEX to support the electrification of consumption and the development of electricity distribution network, renewables and flexible energy.
The industrial commitment will make it possible to generate sustainable value, bringing EBITDA generated in the area of Energy transition to over 2.2 billion euros by the end of the Plan.
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EBITDA @2035
Strengthening electricity network to support energy demand growth and enable the electrification of consumption. In the electricity distribution sector, we will achieve important growth in size through an extraordinary transaction worth around 1.2 billion euros to acquire a large part of the network in the province of Milan and, in the Brescia area, Valtrompia, and part of the Brescia province: 17 thousand kilometres of electricity network, on which 800 thousand PODs and 60 primary substations are located.
This acquisition is part of our overall electricity network development strategy with around 4 billion euros in planned CAPEX during the Plan period, which will enable us to generate 500 million euros in EBITDA by 2035 and consolidate our position as Italy's second-largest operator and among the top 20 in Europe for distributed electricity. The new perimeter outlined and the significant associated investments will allow RAB to increase from 1 billion euros in 2023 to 3.4 billion in 2035.
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Points of Delivery
Our contribution to the country's Energy transition and decarbonisation will also be achieved with 4.6 billion euros in CAPEX dedicated to the development of a 5.7 GW RES portfolio by 2035, up by 3.1 GW compared to 2023, thanks to which more than 10 TWh of green energy will be produced by 2035. To achieve the planned growth, we can count on a wind and solar plant pipeline of over 1.8 GW, 83% of which are internally developed projects.
GW installed
energy by RES @2035
With the perspective of supporting people and businesses along the path of Energy transition, we intend to increase our customer base from 3.5 million in 2023 to over 5 million in 2035, with an offer increasingly focused on the electrification of consumption, thanks also to VAS and PPA (B2B and mass market).
To support the growth of our customer base, we can count on the success of past acquisition campaigns, a multi-channel strategy, a consolidated reputation and customer satisfaction, elements that will enable us to achieve a market share increasing from 6% in 2023 to over 9% in 2035.
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Green energy sold in free market
@2035
Useful resources
Services
A2A S.p.A. - P.I. 11957540153