Edoardo Raffinerie Garrone


ERG S.p.A. is a publicly listed Italian energy company, founded in 1938, and based in Genoa, Italy.

Profile

Following a period of profound transformation, ERG Group is now the leading operator in wind energy in Italy and is currently among the top ten in Europe. It also owns a combined cycle power plant in Priolo Gargallo in Sicily and recently purchased the Terni hydroelectric unit from EON Produzione.
As regards the geographic distribution of wind farms, the MW installed are mainly in Italy, where other ERG's Operations & Maintenance logistics centres are also located.
ERG is present with 252 MW in France, 216 MW in Germany, in Romania and in Bulgaria. Over the course of 2015, wind farms in Poland became operational.

History

ERG was founded by Edoardo Guida Garrone in 1938, founding a company for the refining of petroleum. In 1952 signs an agreement to refine the oil on behalf of BP.
During the 1960s and 1970s has started to build some oil refineries and pipelines in Italy, in particular a pipeline in Arquata Scrivia and an oil refinery in Priolo Gargallo.
In the 1980s has acquired the petrol stations networks owned by Elf, Chevron and BP in Italy, through ERG Petroli.
Since 1997 the company is listed on the Italian Stock Exchange. In 1999 it opened gas,, stations network in Spain through ERG Petroleos, sold in 2008 to Saras S.p.A.
In 2008 it signed an agreement with Lukoil, sharing the 49% of oil refinery in Priolo Gargallo.
In 2009 it launched its own Mobile virtual network operator: ERG Mobile, becoming the first Italian oil company with its own telecommunications company.
In 2010 ERG Petroli and TotalErg Italia merge in TotalErg, starting operation on October 1, 2010.
In early 2011 ERG reduced its share in ISAB from 51% to 40%. Two years later ERG completed the exit from the refining sector.
In the meantime ERG grew in the Italian wind power sector becoming in 2013 the leading wind operator in Italy.
Since 2007 ERG started to operate also abroad, in the French and Germanwind markets, acquiring wind farms also in Bulgaria, Romania, Polonia and United Kingdom.
In 2015 ERG entered the hydroelectric sector, via acquisition of E.On’s Italian assets, with 527 MW of capacity. The power plants are located in the Italian regions of Umbria, Marche and Lazio.
In January 2018, ERG completed the closing with the api Group regarding the sale of its 51% shareholding in TotalErg S.p.A, completing its industrial transformation process towards renewables.
In the same year, ERG entered the solar power business through the acquisition of 89 MW in Italy.

Sponsorship

ERG was the main sponsor of U.C. Sampdoria, a football club that was owned by the Garrone family, for more than 9 years.