Completion of the closing for the acquisition of 73.2 MW wind and solar portfolio in France

Genoa, 29 January 2024 - ERG, through its subsidiary ERG Eolienne France SAS, has signed an agreement with QEnergy France SAS, a leading operator in the renewable energy sector in France, for the acquisition of 100% of CEPE Renouvellement Haut Cabardès SAS, a company that owns a 73.2 MW wind and solar portfolio in France.

As previously announced (see press release on December 28, 2023) the acquired plant portfolio consists of two photovoltaic farms in operation for a total of 20.4 MW of installed capacity, one in an advanced phase of construction of 28.8 MW, and a wind farm in the final phase of commissioning of 24 MW. The total estimated production is about 125 GWh annually.

The completion of this operation allows ERG to consolidate its presence in France, ERG’s second largest market after Italy, reaching 674 MW of installed capacity in the country, of which approximately 20% from photovoltaic energy.

This press release, issued on 29 January 2024, is available to the public at Borsa Italiana S.p.A., on the authorised storage mechanism eMarket Storage (www.emarketstorage.com) and on the Company's website (www.erg.eu) in the "Media/Press Releases” section.

Contacts:

Anna Cavallarin Head of External Communication - mobile + 39 3393985139 email: acavallarin@erg.eu

Matteo Bagnara Head of IR - tel. + 39 010 2401423 – e-mail:ir@erg.eu