ERG - Debt Area

DEBT STRUCTURE

Figures as of 31 December 2020
ERG Group	2,062 € mn
Corporate Loans	510 € mn
Bond	1,125 € mn
Project Financing*	427 € mn

^*Figures does not include interest accrued
** ERG S.p.A. owns all the operating assets through ERG Power Generation S.p.A., a 100% owned operating subsidiary, free of debt and in cash pooling with ERG S.p.A.

Preserving Corporate/DCM based debt structure with a sustainable footprint

ERG has operated in the energy sector for over 80 years. Listed on the Milan Stock Exchange, it is active in the production of wind energy, solar energy, hydroelectric energy and high-yield thermoelectric cogeneration energy with low environmental impact.

ERG is the leading wind power operator in Italy and one of the leaders on the European market and has chosen to adopt a business model focused on sustainable development and decarbonisation, in accordance with the transition process that the energy system is undergoing at global level.