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ERG SpA (ERG.MI)

ERG.MI on Milan Stock Exchange

17.24EUR
10:35am BST
Change (% chg)

€-0.11 (-0.63%)
Prev Close
€17.35
Open
€17.59
Day's High
€17.64
Day's Low
€17.23
Volume
42,414
Avg. Vol
254,228
52-wk High
€20.80
52-wk Low
€13.92

Latest Key Developments (Source: Significant Developments)

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

ERG Q1 Net Profit At EUR 56 Mln
Tuesday, 15 May 2018 

May 15 (Reuters) - ERG SpA ::Q1 NET PROFIT EUR 56 MILLION VERSUS EUR 54 MILLION YEAR AGO.Q1 CORE BUSINESS REVENUES EUR 284 MILLION VERSUS EUR 300 MILLION YEAR AGO.2018 EBITDA IS FORECAST AT AROUND EUR 475 MILLION.EXPECTS DEBT AT AROUND EUR 1.3 BILLION IN 2018.  Full Article

ERG Secondary Accelerated Bookbuild Offering: Orders Below €18.60 Per Share Risk Missing, Books Close At 6.45PM UK - Bookrunner
Tuesday, 10 Apr 2018 

April 10 (Reuters) - Bookrunner (ERG SECONDARY ABO)::ERG SECONDARY ACCELERATED BOOKBUILD OFFERING: BOOKRUNNER SAYS ORDERS BELOW €18.60 PER SHARE RISK MISSING, BOOKS CLOSE AT 6.45PM UK.  Full Article

ERG Acquires Project For The Construction Of Wind Farm In Germany
Monday, 15 Jan 2018 

Jan 15 (Reuters) - ERG Spa ::VIA ITS UNIT, ERG WINDPARK BETEILIGUNGS GMBH, BUYS FROM VORTEX ENERGY 100 PERCENT STAKE IN WINDPARK LINDA GMBH & CO. KG.WINDPARK LINDA GMBH HOLDS PERMITS FOR CONSTRUCTION OF A WIND FARM IN GERMANY OF POWER OF 21.6 MW.THE ESTIMATED INVESTMENT FOR THE CONSTRUCTION OF THE PARK IS APPROXIMATELY EUR 30 MILLION.  Full Article

Erg Completes Acquisition Of 100 Of ForVei
Friday, 12 Jan 2018 

Jan 12 (Reuters) - ERG SPA ::COMPLETES ACQUISITION FROM VEI GREEN SRL OF A 100% STAKE IN FORVEI.FORVEI IS A PHOTOVOLTAIC OPERATOR IN ITALY WITH A TOTAL INSTALLED CAPACITY OF 89 MW.  Full Article

Erg signs deal to buy 100 pct of ForVei, enters solar energy sector
Thursday, 16 Nov 2017 

Nov 16 (Reuters) - ERG SPA ::SIGNS AGREEMENT WITH VEI GREEN FOR ACQUISITION OF 100% OF FORVEI, A PHOTOVOLTAIC OPERATOR IN ITALY‍​.TRANSACTION'S ENTERPRISE VALUE AMOUNTS TO 336 MILLION EURO.ACQUISITION MARKS ERG'S ENTRY INTO THE SOLAR ENERGY SECTOR‍​.  Full Article

Italy - Factors to watch on Oct. 22

The following factors could affect Italian markets on Monday.