The alternative energy service provider Alteo plans to invest up to EUR 2-2.5 billion by 2030 and significantly expand its business in Central Europe.
Alteo’s development has already exceeded the targets set in its 2022-2026 strategy. In 2023, EBITDA was nearly twice the target set for 2026, while the planned investment volume increased by 20% due to projects approved by the end of 2024.
The energy sector remains the company’s primary focus. Additionally, Alteo aims to expand its renewable energy portfolio and leverage synergies. Planned acquisitions include businesses in maintenance, facility management, and energy trading. In the circular economy sector, Alteo intends to strengthen its expertise and activities across the entire waste management value chain. A new strategic element is the company’s entry into specific markets within the Central European region. By the end of 2030, Alteo aims to establish a regional green portfolio with a total capacity of 1,500-2,000 MW.