ERG entered a Polish power deal: ERG stock sits 16.16 percent below its high

Published on 10/08/2026 at 13:13 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Adjusted EBITDA reached EUR 295.00 million in the first half of 2026, up 9.00 percent. ERG stock costs EUR 21.95 on October 8, 2026 after EUR 22.21.

Flatlay mit Aktienzertifikat, ISIN-Karte und Mini-Windrad, ERG S.p.A. Investmentsymbol — Flatlay mit Aktienzertifikat, ISIN-Karte und Windturbinen-Modell repräsentiert die Aktie von ERG S.p.A. IT0001157020, Illustration mit AI erstellt.

ERG (ISIN IT0001157020) was trading at EUR 21.95 at Lang & Schwarz on October 8, 2026 at 1:06 p.m. CEST, sitting 16.16 percent below its EUR 26.18 52-week high. On September 25, 2026, ERG entered a five-year Polish power purchase agreement with Glencore Energy Europe, as Borsa Italiana reported.

Five-year PPA covers 820 GWh

The agreement covers 164 GWh of renewable electricity annually from three Polish wind farms, or 70 percent of their expected output, for a stated total of 820 GWh. The contract starts on January 1, 2027 and uses a baseload structure, giving ERG a defined volume of contracted power.

The same Borsa Italiana report said ERG had reached 4 TWh of annual electricity contracted through power purchase agreements over the previous five years, equal to 45 percent of total generation. That mix shifts part of the business from spot-market exposure toward longer-term revenue visibility.

EBITDA improved as guidance held

ERG's first-half 2026 adjusted EBITDA rose 9.00 percent to EUR 295.00 million, according to Quartr. The figure sits within the 2026 adjusted EBITDA guidance of EUR 520.00 million to EUR 590.00 million that Milano Finanza said ERG had confirmed on September 25, 2026.

The comparison matters because the Polish contract addresses revenue visibility while the first-half EBITDA figure measures operating delivery. ERG's investor-relations page describes the group as a renewable-energy operator active in eight European countries and the United States, with wind, solar and battery storage as its core activities, according to ERG.

ERG stock remains below its yearly high

ERG stock was trading at EUR 21.95 at Lang & Schwarz on October 8, 2026 at 1:06 p.m. CEST, down 1.17 percent versus the Lang & Schwarz prior close of EUR 22.21 dated October 7, 2026. The 52-week range was EUR 20.40 to EUR 26.18, placing the price 16.16 percent below the high.

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