About VERBUND AG
VERBUND AG, together with its subsidiaries, is a leading energy company specializing in electricity generation, trading, and sales. The company serves a diverse clientele, including energy exchange markets, traders, electric utilities, industrial firms, households, and commercial customers.
Business Segments
- Hydro: Operates hydropower plants with a capacity of 8,417 MW.
- New Renewables: Manages wind farms (798 MW) and solar power (253 MW).
- Sales: Engages in electricity and gas trading and sales.
- Grid: Owns and operates electricity transmission networks and gas pipelines in Austria.
- All Other: Includes additional operational activities.
Key Assets
- Hydropower plants (8,417 MW capacity)
- Wind farms (798 MW capacity)
- Solar power facilities (253 MW capacity)
- Two thermal power plants
- Electricity and gas transmission networks
Founded: 1947
Headquarters: Vienna, Austria