Nearly 100% of Verbund's electricity comes from renewable energy sources, primarily hydropower, supplemented by solar and wind power. As the owner of the independent Austrian Power Grid AG (APG), Verbund is by far Austria's largest electricity transport company. The Austrian state owns 51% of its capital, giving Verbund both commercial and strategic importance to the Austrian economy.
Cyborg Score Rationale
Verbund maintains dominant market position as Austria's leading energy company with nearly 100% renewable electricity generation. Integrated portfolio spanning generation, transmission, and distribution provides stability and competitive moats. State ownership (51%) provides strategic support while public listing enables capital access for green energy investments.
Top Insights
At end of 2024, the group operated 132 hydraulic plants, 342 wind parks, 47 solar parks and 2 thermal plants
Verbund owns the independent Austrian Power Grid AG (APG), positioning it as Austria's largest electricity transport company
Verbund is building a diversified project portfolio of local hydrogen production plants in Austria, Germany and Spain
In 2024, sold 67.1 TWh of electricity (35.2 TWh in Austria, 24.6 TWh in Germany, 3.4 TWh in France)
Named Competitors
OMV — Integrated energy company active in Austria and Central Europe
EVN — Austrian energy utility with hydropower and distribution networks
EDF — European electricity utility with renewable energy focus
E.ON — German multinational utility with European operations
Recent Developments
(November 2024) Operates 132 hydroelectric plants, 342 wind parks, and 47 solar parks across portfolio
(2021) Acquired 51% stake in Gas Connect Austria, expanding into gas transmission and distribution
(2021) Issued EUR 500 million in green and sustainability-linked bonds
Open the full interactive Verbund AG report
Strategic research, analyst-debate audio, full Cyborg Score breakdown across 11 dimensions, and saved-company audio playlists.