The key of the new Plan will be the maintenance of a solid financial structure, with the aim of improving the net financial position, reducing the incidence of financial charges. TerniEnergia has initiated a process of deleveraging with the aim of pursuing a capital reinforcement. This process, which aims to ensure the necessary financial resources to support development over the next three years, will involve current shareholders as well as potential investors and/or industrial partners.
The expected growth is guaranteed by an exponential increase in smart solutions and services activities (Consulting, Solutions, Management, On-site engineering and operations and Smart trading), including the re-launch of energy trading, which will ensure that by 2020 more than 90% of total revenues (the target of consolidated revenues is about 226 million euro by 2020) and more than 75% of the Ebitda for the next three years (the target of Ebitda by 2020 is about 35 million euro, the target of Ebitda by 2020.
The growth target for Ebitda will be supported by the quality of the customer portfolio and the resulting increase in turnover.
The 2020 Ebit target is approximately €26 million.
New R&D projects were launched in 2017, with more than €3 million of new soft loans obtained for the 2017-2019 period.