Energy Transition Strategy for a Major Utility
Confidential — National Energy Utility
1.5B€
Green Financing
3.2GW
Renewable Capacity
4yrearly
Carbon Target
AA
ESG Rating
The Challenge
A major European energy utility needed to navigate the transition from fossil fuels to renewables while maintaining profitability and grid reliability. The company faced $2B in stranded asset risk and needed a credible transition plan for investors and regulators.
Our Approach
We developed a comprehensive energy transition strategy with scenario modeling across multiple pathways. This included a renewable portfolio acquisition strategy, grid modernization roadmap, workforce reskilling program, and ESG reporting framework. We also supported stakeholder communication and regulatory engagement.
The Results
The utility secured €1.5B in green financing, increased renewable capacity by 3.2GW in 2 years, and achieved its 2030 carbon targets 4 years ahead of schedule. The company's ESG rating improved from BB to AA, and share price outperformed sector peers by 28%.