Great visibility from the ambitious investment plan
The Business Plan driving Hera to 2026 includes investments for 4.12 billion euro, 7% more than the cumulated amount envisaged for the 2021-2025 period.
Organic investments are mainly focused right there where Hera already enjoys a solid competitive position: in the Networks, where the Group has proven to be able to seize the advantages of the regulatory system, and in Waste, where a strengthened asset base will intercept the attractive dynamics of demand. Being ready for catching the new PNRR opportunities and the increasing value-added services demand, the Company has several and well-managed levers to translate the increased investments into healthy returns. Therefore, EBITDA is expected to increase by almost 250 million euro over the five-year period covered by the Plan.