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Announced

ERG to acquire a 152 MW renewable portfolio from NAEV for $231m.

Synopsis

ERG, a wind power operator, agreed to acquire a 152 MW renewable portfolio from NAEV for $231m. "The Group's path of growth and internationalisation continues in line with, but also in advance of the forecasts made in the 2021-2025 Business Plan. This operation allows us to consolidate our position in France and Germany, two countries where we are strengthening our local structures, and achieve industrial synergies by gradually internalising plant management activities," Paolo Merli, ERG CEO.

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