Company Profile

ERG S.p.A. specializes in electricity generation from renewable energies. Net sales break down by activity as follows:
- electricity generation from wind energy (83.2%);
- electricity generation from solar energy (16.8%).


Source: Cofisem - Last Update: 2024-05-28

Key Executives
Executive Vice President Alessandro Garrone
Chief Executive Officer Paolo Luigi Merli
Chief M&A Officer Corrado Bosio
Chief Business Development Officer Corrado Bosio
Chief Regulatory & Public Affairs Officer Luca Bragoli
Chief Human Resources Officer Giorgio Coraggioso
Chief ICT Officer Giorgio Coraggioso
Chief Communication Officer Emanuela Delucchi
Chief Investor Relations Officer Emanuela Delucchi
Director of Sustainable Development Emanuela Delucchi
Chief Engineering Development Officer Costantino Deperu
Corporate and Legal Affairs Director Andrea Navarra
Chief Financial Officer Michele Pedemonte
Chief Operating Officer Renato Sturani


Source: Cofisem - Last Update: 2024-05-28

Key Figures
Millenium 2023 2022 2021 2020 2019
Net sales 740,940 713,840 601,407 856,089 1,021,594
Income from ordinary activities 740,940 713,840 601,407 856,089 1,021,594
Operating income 304,183 220,815 168,370 145,119 189,946
Cost of financial indebtedness net 14,238 32,046 48,199 84,425 124,743
Equity-accounted companies contribution to income 5,391 2,294 537 344 -546
Net profit from discontinued activities -35,577 294,131 88,488 61,434
Net income 180,497 383,098 174,450 109,541 32,771
Net income (Group share) 178,668 378,939 172,897 107,885 31,553
Fiscal year end 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Length of fiscal year (month) 12 12 12 12 12
Currency & Unit EUR - thousands EUR - thousands EUR - thousands EUR - thousands EUR - thousands
Account Standards IFRS IFRS IFRS IFRS IFRS

Source: Cofisem - Last Update: 2024-05-28

Shareholder information
Group-owned stock 2.55 %
Other shareholders 34.92 %
SQ Renewables S.p.A. 62.53 %


Source: Cofisem - Last Update: 2024-05-28

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