The company aims to become a top five electricity and gas supplier by 2030. Reaching this objective entails carrying out an extensive investment plan having the vertical integration of the company as a target. The plan would add to the EUR230 million investment operated during the 2023-2025 period.
For 2026, the company’s investment budget stands at EUR270 million and mainly envisages the development of the first stage, of 114 MW, of the new gas-fired power plant of Campia Turzii hybrid complex, together with the storage batteries of the plant, of 400 MWh. At the end of 2026, the value of Nova Power & Gas assets will revolve around EUR800 million.
For the 2027-2029 period, budget projections envisage over EUR700 million investments.
“To financially support 2027-2029 investments, besides own capitals and banking funding, we are mulling a bond issue of listing at the bourse for 2027”, say the company’s representatives.
They add financial results will also rise. For 2026, turnover is expected to go up by around 50%, at over EUR900 million. EBITDA is forecast to revolve around EUR110 million, up almost 30% from 2025.
(English version by Catalina Apostoiu)