IGD’s net debt as at 31 December 2025 stood at € 789.4 million, lower with respect to 31 December 2024. Debt is almost totally long term, consistent with the long term structure of the asset base.
IGD’s debt profile reflects a financial strategy focused on balance. Its sources of funding are diversified and weighted between the banking system and the capital markets, with the aim of reducing refinancing risk and ensuring greater flexibility over time. As at 31 December 2025, the structure is also characterised by a predominance of secured debt, accounting for 59.5%, alongside a significant proportion of unsecured debt (40.5%), confirming a sound and well-structured approach to the management of funding sources.
At 31 December 2025, we had €24.6 million in uncommitted unutilized credit lines with banks, as well as committed unutilized credit lines for €54.5 million, which ensures liquidity even when the financial markets are extremely volatile.
| Rating | Outlook | Last update | |
|---|---|---|---|
| Fitch Ratings Ltd. | BBB- | Stable | 23/10/2025 |
