Edition:
India

ERG SpA (ERG.MI)

ERG.MI on Milan Stock Exchange

19.61EUR
22 Jun 2018
Change (% chg)

€0.11 (+0.56%)
Prev Close
€19.50
Open
€19.63
Day's High
€19.87
Day's Low
€19.30
Volume
1,060,499
Avg. Vol
462,118
52-wk High
€20.80
52-wk Low
€11.78

Latest Key Developments (Source: Significant Developments)

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

Erg and Total Marketing sell 100% equity interest in TotalErg‍​
Friday, 3 Nov 2017 

Nov 3 (Reuters) - ERG SPA ::ERG AND TOTAL MARKETING SERVICES SIGN BINDING AGREEMENT WITH API GROUP FOR SALE OF 100% EQUITY INTEREST IN TOTALERG‍​.TOTAL SUM PAYABLE TO ERG FOR TRANSACTION’S EQUITY VALUE AMOUNTS TO 273 MILLION EURO‍​.  Full Article

ERG unit acquires 2 wind farms in France with total capacity of 16 MW
Wednesday, 11 Oct 2017 

Oct 11 (Reuters) - ERG SPA ::ITS UNIT SIGNS CONTRACT WITH VENT D'EST SAS FOR PURCHASE OF 75% EQUITY INTEREST IN TWO COMPANIES OWNERS OF TWO WIND FARMS WITH CAPACITY OF 16.25 MW​.‍VALUE OF ACQUISITION, BASED ON 100%, CORRESPONDS TO AN ENTERPRISE VALUE OF 12.9 MILLION EURO​.‍TRANSACTION ALSO PROVIDES FOR A CO-DEVELOPMENT AGREEMENT TO BE ENTERED INTO WITH VENT D'EST SAS.‍CO-DEVELOPMENT AGREEMENT REGARDS AN EARLY-STAGE PIPELINE OF PROJECTS TOTALLING AROUND 300 MW AGAIN LOCATED IN FRANCE​.  Full Article

UniCredit ERG Renew swap values ERG shares at 12.8 euros each
Wednesday, 12 Oct 2016 

Italy's ERG says: UniCredit swaps an ERG Renew 7.14 percent shareholding for a stake in ordinary treasury shares of ERG group of 4 percent . The swap ratio agreed for the exchange is approximately 0.78 ERG ordinary shares for each ERG Renew share, considering a value of 12.8 euros for each ERG ordinary share . UniCredit will observe a 180 day lock-up commitment on ERG shares Further company coverage: [CRDI.MI] (Reporting by Milan newsroom).  Full Article

ERG Q2 net profit falls to EUR 17 mln
Friday, 5 Aug 2016 

ERG SpA : Q2 net profit 17 million euros ($18.95 million) versus 23 million euros a year ago .Q2 revenue 235 million euros versus 222 million euros a year ago.  Full Article

Italy's ERG interested in Terra Firma's Italian solar portfolio: CEO

MILAN Italian renewable energy group ERG has expressed interest in the solar power portfolio Terra Firma is looking to sell in the country, the company's chief executive told Reuters on Thursday.