7.78
0.11(1.37%) May 22, 11:30AM EDT
| ERG SpA WTC Building Via De Marini Genoa, GE 1-16149 Italy - Map Phone: 39 01 024011 Fax: 39 01 02 40 15 85 Website: http://www.erg.it
ERG S.p.A., through its subsidiaries, engages in the generation of energy from renewable sources and thermoelectric plants; marketing of electricity, steam, and gas; and refining and distribution of petroleum products in Italy and internationally. The companys Renewable Energy Sources segment generates electricity from renewable sources, primarily wind with an installed capacity of 1.2 GW in France, Bulgaria, Italy, and Germany. ERG S.p.A.s Power and Gas segment engages in the production and marketing of electric energy, steam, and gas. It owns and operates a 528 MW capacity power plant fuelled by a synthesis gas obtained from a process of gasification of asphalt; and owns the North Plant with a capacity of 480 MW in Priolo, including a combined cycle plant fuelled by natural gas and a counter pressure steam plant. The companys Refining and Marketing segment engages in downstream operations through a network of approximately 3,000 sale outlets. This segment is also involved in the refining and logistics operations; and provision of storage and handling services for petroleum products. In addition, ERG S.p.A. operates logistics systems; and sells refining products, such as diesel, fuel oils, LPG, and bitumens to the retailers. The company was founded in 1938 and is based in Genoa, Italy. ERG S.p.A. is a subsidiary of San Quirico S.p.A.
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