Company Profile
VERBUND AG, together with its subsidiaries, generates, trades, and sells electricity in Austria, Germany, France, Romania, Spain, and Luxembourg. Its business is organized into Hydro, New Renewables, Sales, Grid, and All Other segments. The company engages in the generation of hydropower, wind power, photovoltaic systems, and flexible storage systems.
Its portfolio also includes trading and sale activities, and business activities related to battery storage systems, electricity and thermal generation, and holds equity interests electricity, gas, e-mobility, and large-scale photovoltaic systems.
The company serves participants in energy exchange markets, traders, electric utilities, industrial companies, and household and commercial customers. Founded in 1947, VERBUND is headquartered in Vienna, Austria.