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Home » Finance » ERG Reports Solid Q3 Earnings Despite Poor Wind Conditions, Revises Full-Year Guidance
Finance

ERG Reports Solid Q3 Earnings Despite Poor Wind Conditions, Revises Full-Year Guidance

By Matthew WrightNovember 17, 20242 Mins Read
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Italian renewable energy producer ERG SpA reported solid earnings for the third quarter of 2024, despite facing exceptionally poor wind conditions across Europe. The company’s adjusted EBITDA for the quarter reached EUR 109 million (USD 114.8 million), a slight increase from EUR 105 million in Q3 2023. However, its adjusted net profit declined to EUR

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EBITDA Electric ERG SpA Europe Germany Italy Paolo Merli Renewable energy Solar Wind
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