ERG, an energy company, completed the acquisition of MP Solar, a solar generation firm, from ABN AMRO, a financial group, for €128m($138m). "This acquisition consolidates ERG's presence in the Italian photovoltaic market in line with the strategy of technological diversification envisaged in the 2022-2026 business plan. The agreement will allow us to achieve industrial synergies through integrating the systems within our portfolio and to carry out revamping interventions on selected projects," Paolo Merli, ERG CEO.