About ERG
ERG is a company based in Genoa (Italy) founded in 1938. It operates as a Green Energy-as-a-Service. ERG has completed 2 acquisitions, including Craiggore Wind Farm and ForVEI. ERG offers products and services including Wind Energy, Solar Energy, and Battery Storage. ERG operates in a competitive market with competitors including Acciona Energy, Alerion, Saras, FRI-EL Green Power and e2i Energie Speciali, among others.
- Headquarter Genoa, Italy
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Sectors
Energy & Utilities
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Email
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Phone
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Website
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Social
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Annual Revenue
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Investments & Acquisitions
Craiggore Wind Farm
& 1 more
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Products & Services of ERG
ERG offers a comprehensive portfolio of products and services, including Wind Energy, Solar Energy, and Battery Storage. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Wind energy is produced from onshore wind farms.
Solar energy is generated through photovoltaic power systems.
Battery storage solutions are provided for energy management.
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Software Development Team
56 people
Head Team
29 people
Finance and Accounting
19 people
Legal and Compliance
7 people
Leadership Team
7 people
Sales and Marketing
7 people
Data Analysis and Operations Team
4 people
Business Team
4 people
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Funding Insights of ERG
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investments & Acquisitions by ERG
ERG has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Craiggore Wind Farm and ForVEI. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Wind power is generated independently as a core activity.
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2012 | ||||
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Solar power infrastructure project investor and operator
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2011 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - ERG
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Erg Comparisons
Competitors of ERG
ERG operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Acciona Energy, Alerion, Saras, FRI-EL Green Power and e2i Energie Speciali, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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Renewable energy is developed, constructed, and marketed globally.
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Alerion is focused on producing renewable energy solutions.
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Oil refining and marketing are managed by Saras in Italy.
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Renewable Energy Independent power producer
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Wind farms are developed, owned, and operated in Italy.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Erg
Frequently Asked Questions about ERG
When was ERG founded?
ERG was founded in 1938.
Where is ERG located?
ERG is headquartered in Genoa, Italy. It is registered at Genoa, Liguria, Italy.
Who is the current CEO of ERG?
Luca M Bettonte is the current CEO of ERG.
What does ERG do?
ERG is recognized as a leading independent operator in clean energy production from renewable sources. The company operates in nine European countries and the United States, focusing on wind and solar energy. As the top onshore wind operator in Italy and among the top ten in Europe, ERG also ranks among the leading solar energy operators in Italy. Additionally, involvement in battery storage solutions is noted. Over the past decade, a successful business transformation from oil to a pure Wind Solar model has been achieved, aligning with long-term energy scenarios.
Who are the top competitors of ERG?
ERG's top competitors include Acciona Energy, Saras and Alerion.
What products or services does ERG offer?
ERG offers Wind Energy, Solar Energy, and Battery Storage.
How many acquisitions has ERG made?
ERG has made 2 acquisitions, including Craiggore Wind Farm, and ForVEI.
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