VERBUND AG is Austria’s leading electricity company and one of Europe’s largest producers of power from hydropower. Headquartered in Vienna, it generates and trades electricity primarily from renewable sources—hydropower complemented by wind and solar—and operates major pumped‑storage plants in the Alps. Through its subsidiary Austrian Power Grid (APG), VERBUND runs Austria’s high‑voltage transmission network.
VERBUND supplies renewable electricity and structured energy solutions to industrial and commercial customers, including long‑term power purchase agreements that support decarbonization in energy‑intensive sectors such as chemicals. Its portfolio spans run‑of‑river and storage plants on rivers including the Danube, Inn, and Drava, alongside expanding wind and photovoltaic projects in Austria and neighboring markets. The company is listed on the Vienna Stock Exchange and is majority owned by the Republic of Austria.
Green electricity from Bavarian hydropower will cut LANXESS's CO2 emissions by 60,000 tons, aiding its goal of climate-neutral production by 2040.
