Mergers & Acquisitions

M&A as a catalyst to the development of a multi-energy identity
This section presents the list and the relevant documents related to ERG’s key M&A transactions over the last years.

Year                Deal                                                                   Business Sector Press releases                                                          
2011

Acquisition of a 100% equity interest in IVPC Power 3 S.r.l

Renewables

5 August 2011 - ERG closing completed for the acquisition of IVPC Power 3

23 June 2011 - ERG expands in the Italian wind market via the acquisition of 5 wind farms with an overall capacity of 112 MW

LUKERG Renew - joint venture ERG Renew S.p.A. and LUKOIL-Ecoenergo


Renewables

 

20 May 2011 - Creation of LUKErg Renew, a joint venture in the renewable energy sector
12 July 2010 - ERG Renew and LUKOIL look at joint business in the renewable energy sector

Voluntary Tender Offer promoted by ERG S.p.A. on all ordinary shares of ERG Renew S.p.A

Renewables

» Go to the Voluntary Tender Offer section

2010

TotalErg - joint venture ERG S.p.A. and Total S.A.

Refining & Marketing

1 October 2010 - TotalErg  is born   
21 May 2010 -  TotalErg: positive opinion from European Commission 
28 January  2010 - Total and ERG create TotalErg, a joint venture in the Italian marketing and refining business

Agreement between ERG Renew and IVPC S.a.s for the purchase of a 100% equity interest in IVPC Power 5 S.r.l.

Renewables

23 July 2010 - ERG Renew: closing completed for the acquisition of the company IVPC Power 5
22 June 2010 - ERG Renew expands in the Italian wind market

2009

GDF Suez Energie Services SA has acquired 40% stake in Elyo Italia Srl from ERG SpA

Refining & Marketing

9 July 2009  - ERG Petroli now owns 60% of the shares of Restiani after acquiring the stake of Elyo Italia and transfers its 40% stake in Elyo Italia to GDF Energie Services

 2008
 

ISAB S.r.l. joint venture with LUKOIL

Refining & Marketing

17 February 2009 - ERG: LUKOIL pays balance due on 49% stake in ISAB srl
1 December 2008 - ERG - LUKOIL joint venture now operational
24 June 2008 - ERG and LUKOIL: partnership in the coastal refining sector

EnerFrance agreement with VSB Energies Nouvelles, French Subsidiary of the German Group WSB

Renewables

12 November 2008 - ERG Renew continues its expansion on the French wind market

Saras Group purchases the Spanish network of service stations from ERG

Refining & Marketing

29 October 2008 - Saras Energia acquires ERG Petroleos service stations in Spain

Enerfrance (ERG Renew) agreement with the French Group GSEF for the acquisition of a 50% holding in Cita Wind and in five project companies belonging to the GSEF Group

Renewables

10 October 2008 - ERG Renew expands within the French wind market

Partial demerger of ERG Power & Gas and the integration within Enertad of the Group’s activities in the renewable energy sector

Renewables

12 May 2008 - Partial demerger of ERG Power & Gas and integration within Enertad of the Group’s activities in the renewable energy sector

Partnership agreement between Independent Resources (“IRG”) and ERG Power & Gas (“ERG”)

Power & Gas

24 April 2008 - Partnership in a project to develop a natural gas storage facility

2007

EnerTAD acquisition of 5 French companies which own 5 wind-farms in France with the Luxembourg company Theta Energy Sarl

Renewables

3 October 2007 Enertad acquisition of 5 wind-farms in France

27 July 2007 - Agreement reached for a initiative project featuring ERG and Alieron as parteners in ENERTAD to pursue forms of collaboration

2006

Public Offer promoted by ERG S.p.A. on all ordinary shares of EnerTAD

Renewables

16 October 2006 - ERG acquires control of EnerTAD
30 June 2006 - EnerTAD public offer
5 June 2006 - ERG launches a public offer for 100% of the shares of EnerTAD

2005

Agreement for ERG to purchase the 28% shareholding in ERG Raffinerie Mediteranee and ERG Nuove Centrali (ERG NuCe) owned by ENI.

Refining & Marketing

3 March 2005 - ERG owns 100% of ERG Raffinerie Mediterranee and ERG Nuce

2004

ERG CESA Eolica, joint venture with CESA - Corporacion Eolica SA

Renewables

5 April 2004 - ERG Power & Gas signs a joint venture with CESA to built wind farms in Italy

12 July 2004 - ERG SpA has received approval from the local Antitrust Authority for the acquisition of 50% of Guascor Eolica Italia, owned by CESA

16 May 2005 - ERG CESA Eolica is the name of the company founded in April 2004 as part of the 50:50 joint venture agreement between ERG Power & Gas and CESA