ERG S.P.A. - ERG, through its subsidiary ERG Power Generation S.p.A., has today completed its acquisition from Impax New Energy Holding Cooperatief W.A., a Dutch firm held by Impax New Energy Investors II, of the following companies: Parc Eolien du Melier SAS, which owns an 8 MW wind farm, Parc Eolien de la Vallée de Torfou SAS, which owns an 18 MW wind farm, Epuron Energies Renouvelables SAS, which owns a pipeline of approximately 750 MW at varying stages of development.
Included within the scope of the transaction is a team of 12 people with a sound experience in the development of greenfield projects.
Through this transaction, by the end of the year ERG will take its installed capacity in France to 300 MW, in addition to expanding and stepping up its organic growth path in accordance with the targets set in the Business Plan.
Further information is provided in our Press Release dated 6/4/2018.
This press release, issued at 3.45 p.m. (CEST) on 15 May 2018, is available to the public at the offices of Borsa Italiana S.p.A., on the eMarket Storage authorised storage mechanism (www.emarketstorage.com) and on the Company's website (www.erg.eu) in the section 'Media/Press releases'.
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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ERG S.p.A. published this content on 15 May 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 15 May 2018 14:02:03 UTC
