Edition:
United Kingdom

ERG SpA (ERG.MI)

ERG.MI on Milan Stock Exchange

15.92EUR
25 Mar 2019
Change (% chg)

€-0.14 (-0.87%)
Prev Close
€16.06
Open
€16.00
Day's High
€16.15
Day's Low
€15.69
Volume
413,182
Avg. Vol
214,157
52-wk High
€20.80
52-wk Low
€15.57

Latest Key Developments (Source: Significant Developments)

ERG Increases Installed Capacity In France To 360 MW
Monday, 25 Mar 2019 

March 25 (Reuters) - ERG SpA ::INCREASES INSTALLED CAPACITY IN FRANCE TO 360 MW.SAYS SIX NEW WIND FARMS ACQUIRED TOTALLING 52 MW.TRANSACTION’S ENTERPRISE VALUE AMOUNTS TO 52.2 MILLION EURO.  Full Article

ERG And Quercus Suspend Incorporation Of ERG Q Solar 1 Joint Venture
Wednesday, 6 Mar 2019 

March 7 (Reuters) - ERG ::SAID ON WEDNESDAY THAT ERG AND QUERCUS SUSPEND INCORPORATION OF ERG Q SOLAR 1 JOINT VENTURE .JOINT VENTURE CONSIDERED NO LONGER RELEVANT FOR EITHER PARTY.ERG AND QUERCUS TO JOINTLY EVALUATE OTHER COLLABORATION OPPORTUNITIES IN THE FUTURE.SAID FOLLOWING RECENT ACQUISITION OF TWO PHOTOVOLTAIC PLANTS IN ITALY PLANS TO DIRECT ITS M&A PRIORITIES TOWARDS OVERSEAS WIND POWER.  Full Article

ERG SpA Finalises Programme For Up To EUR 1 Bln Medium/Long-Term Bonds
Wednesday, 19 Dec 2018 

Dec 19 (Reuters) - ERG SpA ::SAYS FINALISED A PROGRAMME FOR NON-CONVERTIBLE MEDIUM/LONG-TERM BOND ISSUES FOR UP TO EUR 1 BILLION.  Full Article

ERG SpA Signs Two Enviromental Social Governance Loans For EUR 240 Mln
Tuesday, 20 Nov 2018 

Nov 20 (Reuters) - ERG SpA ::SAYS SIGNS TWO ENVIROMENTAL SOCIAL GOVERNANCE LOANS FOR EUR 240 MILLION.  Full Article

ERG Unit Signs Framework Agreement With E.ON Energia For Three-Year Supply Of Electricity
Thursday, 25 Oct 2018 

Oct 25 (Reuters) - ERG SpA ::UNIT SIGNS FRAMEWORK AGREEMENT WITH E.ON ENERGIA FOR THREE-YEAR SUPPLY OF ELECTRICITY FOR ITALIAN MARKET.FRAMEWORK AGREEMENT MAY BE RENEWED FOR AN ADDITIONAL YEAR.  Full Article

ERG CEO says sees EBITDA above 600 mln euros in 2022
Saturday, 20 Oct 2018 

Oct 20 (Reuters) - ERG CEO Luca Bettonte says::SEES EBITDA ABOVE 600 MILLION EUROS IN 2022, COMPARED WITH AROUND 560 MILLION EURO ESTIMATE IN 2018-2022 BUSINESS PLAN.  Full Article

ERG Q2 Net Profit Up At EUR 19 Mln
Friday, 3 Aug 2018 

Aug 3 (Reuters) - ERG SpA ::Q2 NET PROFIT EUR 19 MILLION VERSUS EUR 18 MILLION YEAR AGO.Q2 REVENUE EUR 231 MILLION VERSUS EUR 234 MILLION YEAR AGO.OVERALL FY2018 EBITDA IS FORECAST WITHIN A RANGE OF BETWEEN EURO 490 AND 500 MILLION.FY2018 INVESTMENTS ARE EXPECTED TO BE IN A RANGE OF BETWEEN EURO 520 AND 540 MILLION.  Full Article

ERG Acquires 25 Pct Stakes In Two French Wind Farms
Friday, 3 Aug 2018 

Aug 3 (Reuters) - ERG SpA ::VIA UNIT, ERG EOLIENNE FRANCE SAS, HAS ACQUIRED FROM RENVICO FRANCE SAS A 25% EQUITY INTEREST IN THE COMPANIES PARC EOLIENNE DE LA VOIE SACRÉE SAS AND PARC EOLIENNE D'EPENSE SAS.THE OVERALL VALUE OF THE ACQUISITION CORRESPONDS TO AN ENTERPRISE VALUE OF 12.4 MILLION EURO.  Full Article

ERG And Quercus Assets Selection Have Signed Agreement For Creation Of ERG Q Solar1
Friday, 3 Aug 2018 

Aug 3 (Reuters) - ERG SpA ::ERG AND QUERCUS ASSETS SELECTION HAVE SIGNED AGREEMENT FOR CREATION OF ERG Q SOLAR1.THE COMPANY’S INCORPORATION IS EXPECTED TO TAKE PLACE ON OR BEFORE 30 SEPTEMBER 2018.COMPANY’S INCORPORATION IS EXPECTED TO TAKE PLACE ON OR BEFORE 30 SEPT 2018.PURPOSE OF NEWCO IS ACQUISITION OF SMALL SOLAR PLANTS WITH LESS THAN 1 MW OF INSTALLED CAPACITY.PURPOSE OF NEWCO TARGETS UP TO 150 MW BY THE END OF 2021.  Full Article

ERG Closes Acquisitions in France
Tuesday, 15 May 2018 

May 15 (Reuters) - ERG SpA ::SAYS CLOSES ACQUISITION OF TWO FRENCH WIND FARMS TOTALING 26 MW AND A DEVELOPMENT COMPANY WITH A PIPELINE OF 750 MW.  Full Article

Italy - Factors to watch on March 7

The following factors could affect Italian markets on Thursday.