Erg 0.875% 31Erg 0.875% 31Erg 0.875% 31

Erg 0.875% 31

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XS2386650274 analysis



Key facts


Issuer
Issue date
Sep 15, 2021
Maturity date
Sep 15, 2031
Outstanding amount
‪500.00 M‬EUR
Face value
1,000.00EUR
Minimum denomination
100,000.00EUR
Coupon
0.88% (Fixed)
Yield to maturity
3.70%
ERG SpA engages in the generation and distribution of electricity from renewable sources. It operates through the following segments: Wind, Solar, Thermoelectric. The Wind segment operates wind farms in Italy, France, Germany, Poland, Romania, and Bulgaria. The Solar segment focuses on photovoltaic plants located in 8 regions of north and south of Italy. The Thermoelectric segment provides combined cycle technology fueled with natural gas for the production of steam and other utilities. The company was founded by Edoardo Guida Garrone on June 2, 1938 and is headquartered in Genoa, Italy.
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