Press releases

ERG acquires project in Germany for the construction of a 21.6 MW wind farm

Genoa, 15 January 2018 – ERG, through its subsidiary ERG Windpark Beteiligungs GmbH, has signed last January 12th an agreement with the Vortex Energy group for the acquisition of a 100% equity stake in Windpark Linda GmbH & Co. KG, holder of authorisations for the construction of a wind farm in Germany with a capacity of 21.6 MW and annual output when fully operational estimated at around 50 GWh, corresponding to approximately 39 kt of avoided CO2 emissions. The project has already obtained construction authorisation and will take part in the auction process during 2018.

The estimated investment to build the wind farm is approximately 30 million Euro, which already includes the amount paid to purchase the company's shares. The future construction of the facility, to be located close to the other wind farms owned by ERG (the company already has 216 MW in operation in Germany), is in line with its growth strategy in the Country which relies on the exploitation of its industrial competencies in development, engineering and building activities.

Contacts:
Sabina Alzona Media Relations Manager
- tel. + 39 010 2401804 mob. + 39 340 1091311 – email salzona@erg.eu
Emanuela Delucchi IR Manager – tel. + 39 010 2401806 – e-mail: ir@erg.eu
Matteo Bagnara IR - tel. + 39 010 2401423 - e-mail: ir@erg.eu www.erg.eu - @ergnow

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