ERG stock reports an 820 GWh power deal with Glencore
Published on 09/29/2026 at 15:29 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
ERG stock (ISIN IT0001157020) was trading at EUR 22.57 at Lang & Schwarz on September 29, 2026 at 3:14 p.m. CEST, plus 0.89 percent versus the prior close of EUR 22.37. The renewable energy producer has secured a five-year power purchase agreement with Glencore for electricity from three Polish wind farms.
Glencore deal covers 820 GWh
As Energy Global reported on September 28, 2026, the agreement covers 164 GWh of renewable electricity each year from the Radziejów, Slupia and Szydlowo wind farms in Poland. The contract starts on January 1, 2027, and covers 820 GWh over five years, equal to 70 percent of the sites' expected output.
The deal adds contracted revenue visibility to ERG's Polish wind portfolio. The same agreement brings ERG's annual electricity volume covered by power purchase agreements over the past five years to 4 TWh, or 45 percent of total generation, according to Energy Global.
H1 EBITDA reaches EUR 295 million
Quartr summarized ERG's September 2, 2026 investor presentation as showing H1 2026 EBITDA of EUR 295.0 million, a 72.0 percent margin and net profit of EUR 83.0 million. The company confirmed adjusted EBITDA guidance of EUR 520.0-590.0 million for fiscal 2026, alongside capital expenditure guidance of EUR 330.0-380.0 million.
That guidance range places the full-year adjusted EBITDA target above the H1 reported EBITDA figure, while the PPA addresses a separate operating priority: limiting exposure to volatile power prices through long-term contracts. ERG operates wind, solar and battery storage assets across Europe and the United States.
ERG stock stays below its yearly high
ERG stock's Lang & Schwarz price of EUR 22.57 on September 29, 2026 stood between the 52-week range of EUR 20.40 to EUR 26.18. The company's market capitalization was EUR 3.3 billion on the same date, giving the 0.89 percent daily increase a modest market-value context.
ERG stock trades at EUR 22.57
At Lang & Schwarz, ERG stock was trading at EUR 22.57 on September 29, 2026 at 3:14 p.m. CEST, plus 0.89 percent against the prior close of EUR 22.37.
ERG stock facts
- Company: ERG S.p.A.
- ISIN: IT0001157020
- Ticker: ERG.MI
- Primary exchange: Borsa Italiana
- Price Lang & Schwarz (as of September 29, 2026, 3:14 p.m. CEST): EUR 22.57
- Change versus prior close: plus 0.89 percent
- Prior close Lang & Schwarz (September 28, 2026): EUR 22.37
- Market capitalization: EUR 3.3 billion (as of September 29, 2026)
- 52-week range: EUR 20.40-26.18 (as of September 29, 2026)
- Sector / Industry: Utilities / Renewable Utilities
