ERG SpA - Company Profile
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ERG SpA (ERG) is an energy utility company that generates electricity from renewable sources which include solar, wind, and natural gas. ERG supports Italian wind power operator in Italy and Europe. It also provides supply, logistics and wholesale business related services through its subsidiaries. ERG has hydropower plants in Umbria, Marche and Lazio and wind farms in Italy, France, Poland, Germany, Bulgaria, and Romania. Through power purchase agreements, it serves the customers across the Europe. ERG is headquartered in Genoa, Liguria, Italy.
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Products and Services
Products | Services |
---|---|
Power | Technical and Administrative Services |
Consulting Services |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2024 | Asset Purchase | In January, the company acquired a 73.2MW renewable energy project portfolio in France from Q Energy. |
2023 | Contracts/Agreements | In December, the company awarded an order to Vestas for the 47 MW Corlacky Hill wind project in Northern Ireland, the UK |
2023 | Contracts/Agreements | In December, the company signed a contract with Apex Clean Energy Holdings LLC to effectively manage a portfolio of operational wind and solar projects. |
Competitor Comparison
Key Parameters | ERG SpA | Eni SpA | Enel SpA | Siemens Gamesa Renewable Energy SA | Nordex SE |
---|---|---|---|---|---|
Headquarters | Italy | Italy | Italy | Spain | Germany |
City | Genova | Rome | Rome | Zamudio | Hamburg |
State/Province | Liguria | Lazio | Lazio | Vizcaya | Baden-Wurttemberg |
No. of Employees | 636 | 33,142 | 61,055 | 27,382 | 10,133 |
Entity Type | Public | Public | Public | Private | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Edoardo Garrone | Chairman | Executive Board | 2003 | 62 |
Paolo Luigi Merli | Chief Executive Officer, Director | Executive Board | 2021 | 52 |
Michele Pedemonte | Chief Financial Officer | Senior Management | 2021 | 48 |
Renato Sturani | Chief Operating Officer | Senior Management | 2020 | 56 |
Corrado Bosio | Chief Business Development and M&A Officer | Senior Management | 2020 | 55 |
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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