Verbund AG

Verbund AG is a prominent energy company based in Austria, known principally for its role in the generation and distribution of electricity primarily through renewable sources. As a significant operator in the European energy market, Verbund AG focuses on hydropower, which constitutes its primary form of electricity production, aligning with global sustainability and environmental goals. The company is pivotal in the transition towards green energy, operating hydroelectric power plants across Austria and throughout Europe, making it a key player in sectors such as utility, energy production, and environmental management. Besides hydropower, Verbund AG also engages in trading and sales of electricity and related services across various European countries, thus maintaining a substantial influence in the regional energy market. It plays a critical role in advancing energy efficiency and stability, contributing to the reduction of carbon emissions which is essential for tackling climate change impacts. Founded in 1947, Verbund AG remains a leader in renewable energy, emphasizing innovative energy solutions and sustainability in the European electricity market.