ERG enters the solar power business

Genoa, 16 November 2017 – ERG, through its subsidiary ERG Power Generation S.p.A., has signed an agreement with VEI Green, an investment holding company controlled by PFH S.p.A., with the participation of leading Italian institutional investors, for the acquisition of a 100% stake in ForVei, the ninth largest photovoltaic operator in Italy.

ForVei, a joint venture between VEI Green and Foresight created in 2011, owns and manages 30 photovoltaic plants located in 8 regions across Northern and Southern Italy. These plants, which came on stream between 2010 and 2011, have an installed capacity of 89 MW and annual output of around 136 GWh, corresponding to approximately 77 kt of avoided CO2 emissions. The entire installed capacity is eligible for incentives, with an average expiry date of 2030. 

Read the press release

News archive

Filter by:

13 Nov 2017 - Genoa

Webranking Italy 2017: ERG in seventh place!

06 Nov 2017 - Genoa

Electricity Day 2017 in Umbria and Sicily

03 Nov 2017 - Genoa

ERG sells shareholding in TotalErg

03 Nov 2017 - Genoa

ERG at Key Wind on 7-10 November

26 Oct 2017 - Genoa

ERG al Festival della Scienza

26 Oct 2017 - Genoa

ERG to participate in the ITCOLD seminar on the Relationship between dams and the territory in Rieti

24 Oct 2017 - Genova

ERG climbs the CDP rankings of leading companies in the area of virtuous environmental behaviour

24 Oct 2017 - Genoa

"The Wind of Change", virtual visit of the ERG wind farms at the Science Festival

18 Oct 2017 - Genoa

ERG @SAP Quality Awards


Send by mail