Erg (company)
World Trade Center building in Genoa, where Erg's headquarters are located. | |
Native name | Edoardo Raffinerie Garrone |
|---|---|
| Company type | Public |
| BIT: ERG FTSE Italia Mid Cap | |
| ISIN | IT0001157020 |
| Industry | Renewable energy |
| Founded | June 2, 1938 in Genoa, Italy |
| Founder | Edoardo Garrone |
| Headquarters | , Italy |
Key people | Edoardo Garrone (Chairman) Paolo Luigi Merli (CEO) |
| Products | Electric power |
| Revenue | €741 million (2023) |
| €219 million (2023) | |
| Total assets | €5,199 million (2023) |
| Total equity | €2,147 million (2023) |
Number of employees | 636 (2023) |
| Website | www |
Erg S.p.A., acronym for Edoardo Raffinerie Garrone, is an Italian energy company, founded in 1938, and based in Genoa, Italy.
It produces wind and solar energy and has operations in Italy, France, Germany, the United Kingdom, Sweden, Poland, Bulgaria, Romania, and the United States. As of June 2024, the installed capacity of the group's plants amounted to 3,754 MW.
Erg is 62.53% controlled by “SQ Renewables S.p.A.,” a company that is in turn 51% controlled by San Quirico S.p.A. - the holding company of the Garrone-Mondini family - and the remaining 49% by IFM Investors.
The company has been listed on the Italian stock exchange since 1997.