ERG signs 820 GWh PPA: ERG stock sits 13.79 percent below high

Published on 10/02/2026 at 15:04 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Adjusted EBITDA rose 9.00 percent to EUR 295.00 million in the first half of 2026. ERG stock costs EUR 22.57 on October 2, 2026 after EUR 22.35.

Modernes Umspannwerk mit Solarpanelen im Render-Stil, ERG S.p.A. Energieinfrastruktur — Architektur-Render eines Umspannwerks mit Solarpanelen zeigt Energieinfrastruktur von ERG S.p.A. IT0001157020 in Italien, Illustration mit AI erstellt.

ERG stock was trading at EUR 22.57 at Lang & Schwarz on October 2, 2026 at 2:59 p.m. CEST, 13.79 percent below its EUR 26.18 52-week high. On September 25, 2026, ERG signed a five-year power purchase agreement with Glencore covering 820.00 GWh from three Polish wind farms, according to Milano Finanza.

Glencore deal adds revenue visibility

The contract starts on January 1, 2027 and covers power from ERG's Radziejów, Slupia and Szydlowo wind farms in Poland. The agreement provides 164.00 GWh annually, equal to 820.00 GWh over five years, and represents 70.00 percent of the expected output from the three facilities, Milano Finanza reported.

The power purchase agreement lifts ERG's contracted annual generation to 4.00 TWh, or 45.00 percent of total generation. That mix gives the renewable producer greater revenue visibility, although it also reduces exposure to favorable wholesale power prices when market prices rise.

First-half EBITDA reached EUR 295 million

ERG's first-half 2026 adjusted EBITDA reached EUR 295.00 million, up 9.00 percent year over year, while adjusted EBITDA guidance for 2026 remained EUR 520.00 million to EUR 590.00 million, according to Quartr.

The same presentation placed first-half capital expenditure at EUR 203.00 million and described a 1.50 GW battery storage pipeline alongside a 700.00 MW wind repowering pipeline. ERG also had 270.00 MW under construction and 570.00 MW fully authorized, figures that connect the current PPA to a wider expansion plan.

Stock remains below its yearly high

The Lang & Schwarz quote was up 0.98 percent versus the prior close of EUR 22.35 on October 1, 2026. The EUR 22.57 price sits 13.79 percent below the 52-week high and 10.64 percent above the EUR 20.40 low, keeping the stock in the middle of its yearly range rather than at an extreme.

Investing.com lists November 13, 2026 as ERG's next earnings date. The scheduled report will show whether the contracted-power strategy is translating into the upper half of the 2026 adjusted EBITDA range.

The further course of trading is shown by the continuously updated real-time quote of ERG stock.