Genoa, 26 October 2020 - The Ministère de la Transition écologique et solidaire has announced the results of the sixth invitation to tender dedicated to the onshore wind power sector, with two ERG projects included among the successful participants: ERG: Parc Eolien des Bouchats SARL (Champagne I) for 19.8 MW located in the Grand-Est region and WP France 10 SAS (Vallée de l'Aa 2 Estension) for 6.9 MW located in the Hauts-de-France region.

When fully operational, the two wind farms will have a total annual output estimated at around 66 GWh corresponding to approximately 36 kt of avoided CO2 emissions, equal to the needs of about 22,500 households.

Construction works are expected to start by the first quarter of 2021 and the coming on stream is scheduled within the fourth quarter of 2021 as regards Vallée de l'Aa 2 and the second quarter of 2022 for Champagne I, with an overall investment of 33 million Euro.

As a result of the auction outcome the wind farms will benefit from a contract for difference for a period of 20 years as from the time of coming on stream. With these projects, ERG continues to pursue its industrial organic growth strategy, in keeping with its business plan.

Contacts:
Anna Cavallarin Head of Media Relations & Digital Channels - ph. + 39 010 2401804 mob. + 39 3393985139 - email acavallarin@erg.eu
Emanuela Delucchi Head of Investor Relations & CSR - ph. + 39 010 2401806 - e-mail: ir@erg.eu
Matteo Bagnara IR - tel. + 39 010 2401423 - e-mail: ir@erg.eu

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ERG S.p.A. published this content on 26 October 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 October 2020 14:14:01 UTC