The Energa Group has identified two strategic objectives that will be pursued in two areas of business development and value creation: CLIENT AND INFRASTRUCTURE.
Client
Client-focused business model facilitating effective client value management based on a coherent product and service offering
Infrastructure
Developing modern energy infrastructure in a way that makes it possible to have a stable revenue base
Strategic programs
Strategic goals will be achieved through the implementation of five strategic programs:
Client focus
Strategic program
Implement a new customer-oriented business model and develop new business areas
KPIs for the strategic program
New product offering EBITDA of PLN 5 m in 2017, EBITDA of PLN 100 m in 2020, EBITDA of PLN 300 m in 2025, ultimately this ecosystem will have roughly 100 new products and services in 2018.
New sales channels aligned to client segments - 2018.
New organization of sales, service and settlement processes,including integration with the processes used by partners, vendors etc. - 2018.
Implementing new IT solutions chiefly concering service, billing and settlements with partners, subcontractors and clients as well as Energy Business Intelligence (EBI) - 2018.
Infrastructure
Strategic programs Infrastructure - focusing on regulated business
Expanding a smart and reliable electricity distribution grid
Development of infrastructure for broadband web access
Utilizing regulations to stabilize revenue
Maintaining its strong position in RES
KPIs for strategic programs
75% in 2020 and 100% in 2025 of the metering systems will be remotely controlled
Satisfaction of the requirments of the quality-based tariff: SAIDI, SAIFI, connection time
Business model to commence the provision of a fiber-optic network as broadband web access infrastructure legally, financially and organizationally - to be devised by 2017
By the end of 2018 enter into an agreement to build the Ostrołęka C power unit
Commission the Ostrołęka C power unit by the end of 2023
EBITDA/CAPEX 5.5% for the first 5 years of operation
Average capex per CHP business line of PLN 50 million per annum
Enviromental decision to carry out the 2nd step dam on the Vistula River in 2017
Construction permit for the 2nd step dam on the Vistula River by 2020
Installed capacity of other new RES projects of 50 MW by 2020
Investment outlays
The total investment of the ENERGA Group planned for 2016-2025 to implement the strategy will amount to PLN 20.6 bn.
Over 60% the investment will go to investment in the distribution network
RES expenditures will amount to approx. PLN 1.4 bn
Investment expenditures of the ENERGA Group planned for 2016-2025 (PLN bn)
Financial goals of the Strategy
2.4 bn PLN EBITDA Group in 2020
3,0 bn PLN EBITDA Group in 2025
The goals of increasing EBITDA and corporate value will be achieved with the assumption of a secure balance sheet, realized in particular through:
