ERG SpA
MIL:ERG

Watchlist Manager
ERG SpA Logo
ERG SpA
MIL:ERG
Watchlist
Price: 19.71 EUR 0.41% Market Closed
Market Cap: 2.9B EUR
Have any thoughts about
ERG SpA?
Write Note

ERG SpA
Investor Relations

ERG SpA, originally founded as a petroleum company in post-war Italy, has undergone a remarkable transformation to align with the energy transition of the 21st century. Emerging from its roots in the traditional oil market, ERG has strategically pivoted to become a leader in renewable energy, capitalizing on Europe's increasing demand for sustainable energy sources. This transformation began with the gradual divestment of its oil refining and distribution sectors, redirecting its focus toward renewable energy production. Today, ERG operates primarily in wind power, with its wind farms spread across Italy and several European countries. The company harnesses advanced technologies in wind turbine design and operation to optimize energy output, directly feeding into national grids and capitalizing on governmental incentives for clean energy.

The company's business model reflects its commitment to sustainability and its insight into the evolving energy market. Through the generation and sale of green energy—primarily wind but increasingly through solar and hydroelectric sources—ERG generates revenue by supplying power to consumers and businesses seeking cleaner alternatives. Additionally, ERG benefits from European energy policies that favor renewables, which can provide financial incentives for environmentally responsible energy production. This business strategy not only positions ERG SpA as a pioneer in the green energy sector but also underlines its profitable niche in an industry abuzz with eco-conscious innovation.

Show more

Earnings Calls

Show Transcript
Previous
Next
Loading

Management

Dr. Edoardo Garrone
Founder & Executive Chairman
No Bio Available
Mr. Paolo Luigi Merli
CEO & Director
No Bio Available
Mr. Alessandro Garrone
Executive Deputy Chairman
No Bio Available
Mr. Michele Pedemonte
Chief Financial Officer
No Bio Available
Mr. Pietro Tittoni
Chief Operating Officer
No Bio Available
Ms. Emanuela Delucchi
Chief ESG, IR & Communication Officer
No Bio Available
Mr. Andrea Navarra
General Counsel
No Bio Available
Mr. Alberto Fusi
Chief Human Capital & ICT Officer
No Bio Available
Giovanni Marco Scollo
Head of Corporate Affairs & Secretary
No Bio Available
Gabriello Maggini
Chief Audit Officer
No Bio Available

Contacts

Address
GENOVA
Genoa
Torre WTC - Via de Marini, 1
Contacts
+3901024011.0
www.erg.eu