We fulfil our purpose by leading the regional transition into a climate-neutral, secure and independent energy ecosystem and contributing to Europe’s decarbonisation by facilitating renewable energy flows from Northern to Central Europe (incl. Germany).

- By leading the regional transition in Lithuania and the Baltics, we strive to become one of the first 100% green energy systems in Europe.

- By energy ecosystem we mean the combination of the multiple interdependent parties involved in the generation, consumption, transformation and transportation of clean energy (including industry, transport and heating).

In 2023–2026 we are planning to invest EUR 2.2–2.8 billion. We plan to direct around 55% of the investments towards the development of green and flexible capacities in order to double the Green Generation installed capacity to 2.2–2.4 GW by 2026 compared to 1.2 GW in 2022. We are planning to direct around 45% of the investments towards the expansion of a resilient and efficient electricity distribution network.  We are also committed to maintaining our credit rating of ‘BBB’ and above over the 2023–2026 period. 

Over 85–90% of the investments over the 2023–2026 period will be sustainable and Taxonomy aligned. The sustainable share of adjusted EBITDA in 2026 will reach at least 75.0%. We are expecting the Group’s adjusted EBITDA in 2026 to be within the range of EUR 470–550 million compared to EUR 332.7 million in 2021 and EUR 469.3 million in 2022. Average adjusted ROCE level in 2023–2026 is expected to reach 6.5–7.5%.  

Our strategy also reiterates our commitment of 3% annual dividend growth, representing a dividend yield in 2023–2026 within the range of 6.3–6.9%.