ERG Power Generation SpA - Company Profile
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Business Description
ERG Power Generation SpA (ERG Power Generation), a subsidiary of ERG SpA, focuses on the Group's industrial and commercial processes and produces energy from renewable sources. It was formed due to the merger by incorporation of ERG Renew Operations & Maintenance Srl and ERG Renew SpA. The company operates its business through two reportable segments: Wind and Solar. Geographically the company reports revenue from Italy, France, Germany, Poland, Bulgaria, Romania and the UK. In FY2022, the company incurred a capital expenditure of EUR943 million which grew 53.6% YoY.
Business Segments
Overview
Includes revenue from the generation of electricity from solar sources. In FY2022, the segment incurred a capital expenditure of EUR15 million, which grew 1400% YoY.
Performance
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Overview
Focuses on generating electricity through wind sources. As of December 2022, the wind farms are mainly in Italy with power generation capacity of 1,265 MW and growing presence in international markets with power generation capacity of 1,334 MW. In FY2022, the segment incurred a capital expenditure of EUR289 million, which grew 29.6% YoY.
Performance
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Geographical Segments
Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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