ERG SPA (MIL:ERG) Construction In Progress : €0.0 Mil (As of Mar. 2024)

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What is ERG SPA Construction In Progress?

ERG SPA's quarterly construction in progress increased from Sep. 2023 (€0.0 Mil) to Dec. 2023 (€355.5 Mil) but then declined from Dec. 2023 (€355.5 Mil) to Mar. 2024 (€0.0 Mil).

ERG SPA's annual construction in progress declined from Dec. 2021 (€248.9 Mil) to Dec. 2022 (€214.5 Mil) but then increased from Dec. 2022 (€214.5 Mil) to Dec. 2023 (€355.5 Mil).

ERG SPA Construction In Progress Historical Data

The historical data trend for ERG SPA's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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ERG SPA Construction In Progress Chart

ERG SPA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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52.96

145.23

248.93

214.46

355.54

ERG SPA Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Construction In Progress	Get a 7-Day Free Trial															-	321.45	-	355.54	-

ERG SPA Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

ERG SPA (MIL:ERG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » ERG SPA (MIL:ERG) » Definitions » Construction In Progress

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ERGm:UK 0MHC:UK

Address

Via De Marini, 1, Torre WTC, Genoa, ITA, 16149

Website

https://www.erg.eu

ERG SPA produces electricity from clean, renewable, and sustainable sources. The company produces wind power, and electricity as a hydroelectric operator to markets across Europe. Electricity is also generated from natural gas operations located in Italy. ERG's wind power production is handled by subsidiary ENG Renew that focuses on developing, building, and operating wind assets. Hydropower and natural gas operations are split off into ERG Power Generation. The company's hydro assets include plants, dams, reservoirs, and a pumping station. Natural gas production contributes the most revenue for ERG, and is churned out from a cogeneration plant that produces electricity and steam. Electricity from the plant is either fed into Italy's national grid or used to power other industrial plants.

ERG SPA (MIL:ERG) Headlines

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