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Thu, 14.03.2024       VERBUND AG

The VERBUND Group’s strategic and economic development in 2023 took place in a highly complex environment that was impacted in no small measure by geopolitical turmoil and macro- and microeconomic factors, along with sector-specific developments and regulatory/political decisions. Overall, 2023 was a very successful year for our Group, and as a str [ … ]
Thu, 02.11.2023       VERBUND AG

The energy system is currently undergoing a comprehensive transformation stemming from the dilemma of how to balance climate action and decarbonisation plus achieving greater energy independence with the need to maintain security of supply. A key component of the shift to an essentially carbon-free energy system is large-scale expansion of electric [ … ]
Wed, 25.10.2023       VERBUND AG

VERBUND AG hereby announces the acquisition of a 56.4 MW wind portfolio in Germany’s federal states of Hesse, North Rhine-Westphalia and Lower Saxony. The seller is an infrastructure fund managed by Impax Asset Management. The wind portfolio comprises five operational wind farms with a total capacity of 38.4 MW (Oedelum, Quelkhorn, Mariengarten, M [ … ]
Thu, 27.07.2023       VERBUND AG

Towards the end of 2022, the situation in the energy markets began to ease slightly, continuing to do so in quarters 1–2/2023. In the first half of 2023, wholesale gas prices fell significantly compared with the previous year. This was due to high stocks at gas storage facilities coupled with weaker demand for gas. Accordingly, wholesale electricit [ … ]
Thu, 27.07.2023       VERBUND AG

Towards the end of 2022, the situation in the energy markets began to ease slightly, continuing to do so in quarters 1–2/2023. In the first half of 2023, wholesale gas prices fell significantly compared with the previous year. This was due to high stocks at gas storage facilities coupled with weaker demand for gas. Accordingly, wholesale electricit [ … ]
Tue, 25.07.2023       VERBUND AG

VERBUND AG hereby announces the acquisition of operative wind power plants in Spain with a total capacity of 257 MW and potential for hybridisation and repowering from EDP Renewables Europe, S.L.U. (“EDPR”) for an enterprise value of approx. €0.46bn. VERBUND Green Power GmbH will acquire 100% of the shares in Viesgo Renovables S.L. and Viesgo Euro [ … ]
Tue, 25.07.2023       VERBUND AG

VERBUND AG hereby announces the acquisition of operative wind power plants in Spain with a total capacity of 257 MW and potential for hybridisation and repowering from EDP Renewables Europe, S.L.U. (“EDPR”) for an enterprise value of approx. €0.46bn. VERBUND Green Power GmbH will acquire 100% of the shares in Viesgo Renovables S.L. and Viesgo Euro [ … ]
Thu, 11.05.2023       VERBUND AG

The situation in the energy markets eased slightly in quarter 1/2023, continuing the trend that had begun at the end of 2022. Wholesale prices for gas and electricity receded significantly in the quarter now ended – at times even falling below the levels recorded before the outbreak of the war in Ukraine – as concerns about Europe having adequate s [ … ]
Thu, 11.05.2023       VERBUND AG

The situation in the energy markets eased slightly in quarter 1/2023, continuing the trend that had begun at the end of 2022. Wholesale prices for gas and electricity receded significantly in the quarter now ended – at times even falling below the levels recorded before the outbreak of the war in Ukraine – as concerns about Europe having adequate s [ … ]
Mon, 27.03.2023       VERBUND AG

At its meeting today, the Supervisory Board of VERBUND AG appointed the members of the Executive Board and set their terms of office from 1 January 2024. The three current board members Michael Strugl, Peter F. Kollmann and Achim Kaspar were all reappointed. Susanna Zapreva-Hennerbichler, currently Chairwoman of the Executive Board of German compan [ … ]

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