ERG (Italy) announces that, through its subsidiary ERG USA Holding, it has completed the acquisition from Apex Clean Energy Holdings of a 75% stake in a portfolio that includes one wind farm and one solar power plant in the USA, both in operation, with a total installed capacity of 317 MW, and an estimated production of around 1 TWh.
The closing has been completed in line with the previous announcement dated 21 December 2023, following the receipt of investment approval from certain US and European authorities and the consent to the change of control from relevant third parties. The transaction marks the first step of the ERG Group into the overseas renewable energy market.
