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Business development – with an increase in revenues and staff – technological innovation in the field of energy efficiency and return to the territory in terms of skills and value: these are the guidelines of the 2026-2028 Industrial Plan presented yesterday in Acireale at the headquarters of BaxEnergy, a partner company of the Yokogawa group, specialized in the development of software solutions for the management, monitoring and control of energy assets.
The details were illustrated in a press conference by CEO Roberto Tundo, in the presence of Takeshi Suzuki, general manager of the Renewable Energy Business Development Department of Yokogawa Electric Corporation, a Japanese industrial giant listed on the Tokyo stock exchange, whose speech concretely demonstrated the strategic interest held by the Sicilian company, acquired in 2024.
BaxEnergy was born in 2010 in the province of Catania and today it is launched towards a growth trajectory with particularly interesting values. With over 140 GW of connected renewable capacity, among the largest installed bases in energy software in Europe, and fifteen years of experience developed in 30 countries, the challenge is now to evolve from a highly engineered company to a scalable, integrated and secure industrial platform.
The company, as clearly emerged during the presentation, wants to consolidate its role in the energy market by focusing on digital innovation, agentic artificial intelligence and cybersecurity by design, with a strategy that combines organic growth and possible targeted acquisitions, while maintaining the center of gravity of its activities and skills in Sicily. The numbers of the three-year plan – presented in the hyper-technological headquarters in via Sclafani in Acireale – outline a path of strong expansion. BaxEnergy expects to go from the current 12.3 million euros in revenues to 32.6 million by 2028, with an average annual growth of 39%, going from the current workforce of 140 employees to 210.
GM Suzuki: a strategic component
«Every time I visit this office, I am reminded of the extraordinary path that led BaxEnergy from being a successful entrepreneurial reality born in the area to becoming a company with a truly global impact – said Suzuki – BaxEnergy has become an increasingly strategic component of our vision for the future of energy, digitalisation and sustainable industrial development».
“Since BaxEnergy joined the Group in 2024 – he reiterated – we have continued to strengthen our collaboration. In these two years we have discovered not only solid technological excellence, but also a profound cultural affinity. Yokogawa and BaxEnergy come from different paths, histories and experiences. However, it is precisely this combination that has made us stronger together. It has created an organization that is both flexible and solid, capable of quickly adapting to market changes while maintaining a clear vision of Today we see BaxEnergy as much more than a software company specializing in renewable energy. We see BaxEnergy as the strategic arm for the digitalization of Yokogawa’s Energy & Sustainability business. The technologies, skills and innovation capacity developed here in Sicily have the potential to support not only operations in the renewable energy sector, but also a much broader range of critical industries and infrastructures served by Yokogawa around the world.”
CEO Tundo: enhancing skills
“We have defined a model that combines operational discipline, sustainable growth and strategic flexibility – underlined Tundo – Our objective is to strengthen the role of BaxEnergy, within the Yokogawa Group, as an integrated, resilient and secure global industrial platform, a reference partner for the digital transition of the sector. After this day, a lot will change in the role of BaxEnergy – he added – also offering those who work there the opportunity to understand even better what has been done”.
For example, the CEO highlighted the role in enhancing skills, underlining the openness to training, with a 100% conversion rate of internships into hiring. One of the most relevant directions of the plan concerns the integration of artificial intelligence into operational processes, improving performance and availability of assets. At the same time, the importance of cybersecurity will grow, considered strategic in a context in which energy infrastructures are increasingly exposed to cyber threats. Among the main development opportunities in the coming years are utility-scale hybrid renewable plants, which integrate production from different sources and storage systems. The company is also looking at energy-intensive markets, in particular data centers, the development of which is accelerated by the growing demand for computing capacity generated by artificial intelligence.
The details of the Industrial Plan
The strategy, as explained by Tundo, is based on sustainable organic growth and possible acceleration through external lines. The plan sets a revenue target of around 33 million euros for 2028 (+39% average per year compared to 2025) and a strongly strengthening EBITDA of around 14 million euros (+81% average per year). The overall investments planned over the three-year period, net of any external operations, amount to approximately 17 million euros, with a staff growing from 140 to 210 people.