Petrol’s Supervisory Board approved the 2021-2025 strategy of the company at the end of January 2021. The strategy outlines the main investment directions as well as financial plans for the next 5 years.

It is not suprprising that the strategy puts a big emphasis on the energy transition topics. The most important plans of the company in this regard are the following:

  1. Investments are expected to total EUR 698 million in the period 2021 – 2025,
    of which 35 percent will be dedicated to the energy transition.
  2. Charging infrastructure for electric vehicles will increase to 1,575 electric charging points.
  3. Renewable energy generation capacity will increase to 160 MW which is 78 percent more than in 2020.
  4. Energy savings of 73 GWh for end-customers will be achieved through energy renovation projects.

The company takes the energy transition seriously which is also proven by their recent investmtents in renewable energy as well as acquisitions.

More information on the company’s plans can be found in this investor presentation on the company’s website.

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