ERG Renew

Company description

ERG Renew is the renewable energy source subsidiary of the Italian multi-energy company ERG Group. It was acquired in a takeover bid on 30 June 2010. In 2006 they began generating electricity from renewable sources and today, following a period of intense growth, they are the leading wind energy operator in Italy with 1,087 MW and a market share of 13%.

The firm is one of top 10 operators in Europe with 1,341 MW in 2013. Their first step towards geographical diversification was in 2007 when they acquired wind farms in France (64 MW). They later acquired the assets of GDF SUEZ (86 MW), which enabled them to enter the German market. With the development of the Lukerg Renew joint venture they continued with their overseas geographical diversification and growth strategy, initially in Bulgaria  and Romania.

Company details

City:
Genoa
Address:
Torre WTC - Via De Marini, 1
Phone:

Participation in projects

Projects Transactions
List of the updates in which the company was involved

Company updates

  • March 09, 2017

    ERG acquires six wind farms in Germany

    ERG, through its subsidiary ERG Power Generation S.p.A., has acquired from DIF RE Erneuerbare Energien 1 GmbH and DIF RE Erneuerbare Energien 3 GmbH, a 100% equity interest in six wind farms in G...

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  • August 09, 2016

    ERG Renew refinances six wind farms in France

    ERG Wind France 1 SAS, a subsidiary of ERG Renew, has announced it has signed a facility agreement on a non-recourse portfolio project finance basis for the six wind farms for a total installed capaci...

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  • March 02, 2016

    ERG Renew acquires 45 MW wind farm in the UK

    ERG Renew has acquired from TCI Renewables a 100% equity interest in Brockaghboy Windfarm Ltd, (BWF) a company holding authorisations to build a wind farm, in the county of Londonderry, Northern Irela...

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  • October 19, 2015

    ERG Renew acquires 11 French and 6 German wind farms with an overall capacity of 206 MW

    ERG Renew has recently signed an agreement for the acquisition from a fund managed by Impax Asset Management Group of eleven wind farms in France, with an installed capacity of 124 MW, and six in Germ...

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  • August 11, 2015

    ERG enters hydroelectric sector via acquisition of E.On Italian assets with 527 MW capacity.

    ERG Power Generation has reached an agreement with E.ON Italia for the acquisition of the entire Italian hydroelectric business of E.ON Produzione.

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  • June 25, 2015

    ERG Renew acquires six wind farms with a capacity of 63.4 MW from Macquarie European Infrastructure Fund

    ERG Renew has closed an agreement for the acquisition of a 100% equity interest in four French companies ultimately owned by Macquarie European Infrastructure Fund.

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  • April 28, 2015

    ERG Renew acquires a 24 MW wind farm in Poland

    ERG Renew, an Italian wind operator, has acquired a 24 MW wind project located in S?upia municipality in Central Poland from PAI Polish Alternative Investments RES Sp. z o.o.

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  • July 24, 2014

    ERG Renew completes acquisition of a project to build a 42MW wind farm in Poland

    ERG Renew has completed the closing with Vortex Energy group for the acquisition of a 100% equity interest in EW Orneta 2, a Polish company holding all permits for the construction of a wind farm proj...

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  • June 09, 2014

    €57 million project financing for the Topolog wind farm in Romania

    LUKERG Renew, through its subsidiary Land Power, has signed a project finance loan agreement with EBRD as Lender and UniCredit as Participant, to finance the 84 MW Topolog-Dorobantu wind farm located...

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