ERG Power Generation SpA - Company Profile
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ERG Power Generation SpA (ERG Power Generation), formerly ERG Renew SpA, is a subsidiary of ERG SpA and is a power company that generates electricity from renewable sources. The company generates electricity Wind and Solar. ERG Power Generation has operations in Italy, France, Bulgaria, Romania, Germany, and Poland among others. The company’s Italian farms are in in Sicily, Sardinia, Campania, Puglia, Basilicata, Calabria and Molis. ERG Power Generation is headquartered in Genoa, Italy.
Headquarters
Italy
Address
Torre WTC, Via De Marini, 1, Genoa, Liguria, 16149
Website
www.erg.eu/en/home
Telephone
39 10 24011
No of Employees
943
Industry
Alternative Energy
Revenue (2022)
$749.7M
ERG Power Generation SpA premium industry data and analytics
Products and Services
| Products |
|---|
| Electricity |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Contracts/Agreements | In June, the company entered into an agreement with Achernar Assets AG, for the sale of the entire share capital of ERG. |
| 2022 | Asset Purchase | In July, the company acquired 18 photovoltaic systems of 34 megawatt in Italy from the ABN AMRO Sustainable Impact Fund PE B.V. |
| 2022 | Acquisitions/Mergers/Takeovers | In July, the company acquired 100% stake in the Netherlands-based MP Solar from ABN AMRO Sustainable Impact Fund PE BV. |
Competitor Comparison
| Key Parameters | ERG Power Generation SpA | Edison SpA | Renantis UK Ltd | Europlasma SA | ETA-Florence Renewable Energies |
|---|---|---|---|---|---|
| Headquarters | Italy | Italy | United Kingdom | France | Italy |
| City | Genoa | Milano | London | Morcenx | Florence |
| State/Province | Liguria | - | England | - | - |
| No. of Employees | 943 | 5,957 | 11 | 187 | - |
| Entity Type | Private | Public | Private | Public | Private |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Vittorio Garrone | Chairman | Executive Board | - | - |
| Renato Sturani | Chief Executive Officer | Executive Board | - | - |
| Italo Giorgio Alfieri | Director | Non Executive Board | - | - |
| Giorgio Coraggioso | Director | Non Executive Board | - | - |
| Andrea Navarra | Director | Non Executive Board | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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