ERG S.p.A.

ERG

IT0001157020

Independent Power Producers

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ERG S p A : Two new wind repowering projects totaling 141 MW awarded in FER X Auction

Published on 12/03/2025 at 05:04 am EST

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ERG S.p.A.

+1.34%

Press Release

Two new wind repowering projects totaling 141 MW awarded in FER X Auction

Genoa, 3 December 2025 - ERG has secured 20-year "pay-as-produced" tariffs in the first auction round under the transitional FER X decree, with two full repowering projects totaling 141 MW.

Specifically, the award covers the Carlentini (Siracusa) wind repowering project for a total of 97 MW (of which 81 MW relate to full reconstruction) and the Greci-Montaguto (Avellino) project with a capacity of 44 MW. The combined installed capacity will reach 141 MW, more than doubled compared to the current one (69MW). The expected average annual production will reach more than 300 GWh, around three times the current output.

Construction is expected to begin in early 2026, with both plants scheduled to enter operation during 2027.

Paolo Merli, CEO of ERG, commented: "Thanks to the favorable outcome of the FER X auction for ERG, we will launch two strategic wind repowering projects that will enable us to achieve the dual goal of modernizing our existing assets with cutting-edge technologies while securing energy sale prices for the first 20 years of operations at a tariff aligned with our revenue targets."

Contacts

ERG

Anna Cavallarin Head of External Communication - mob. + 39 3393985139 e-mail: acavallarin@erg.eu Matteo Bagnara Head of Investor Relations - mob. + 39 3459725043 - e-mail: ir@erg.eu

https://www.erg.eu- @ergnow

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ERG S.p.A. published this content on December 03, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on December 03, 2025 at 10:03 UTC.

Latest news about ERG S.p.A.

Dec. 15	Mib bullish with European stocks, luxury goods lead the way	AN
Dec. 15	European markets up; Buzzi and Brunello lead gains	AN
Dec. 12	Arlandini joins ERG's board, replacing Bettonte, who has resigned	AN
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Dec. 02	Stocks up but weak; macro data expected	AN
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Nov. 19	ERG lifts 2025 outlook on wind generation recovery
Nov. 18	Futures in the Red; Markets Await Nvidia Earnings	AN
Nov. 17	Stock markets down; Eurozone growth estimates cut for 2026	AN
Nov. 17	Futures show stability; macro data expected	AN
Nov. 14	ERG S.p.A., Q3 2025 Earnings Call, Nov 14, 2025
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Nov. 06	Erg launches its first 50 MW storage plant in Sicily	AN
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Company Profile

ERG SpA is an Italy-based independent power producer active in the renewable energy sector, which generates energy mostly from wind, solar, hydroelectric and thermoelectric sources. The Companyâs activities are divided into three segments: Non-Programmable sources, Programmable sources and Corporate. The Non-Programmable sources segment manages the operations of the wind power production; the Programmable sources segment includes the operations of the thermoelectric and hydroelectric power generation; and the Corporate segment focuses on the administrative activities. The Company operates through its subsidiaries in Europe, mainly in Italy, France and Germany.

Employees

674

Sector

Independent Power Producers

Calendar

Mar. 10 - Q4 2025 Earnings Release

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