What is a VERBUND?
VERBUND AG is Austria’s leading electric utility company and one of the largest hydroelectric power producers in Europe. Headquartered in Vienna, the publicly traded corporation generates almost all of its electricity from renewable energy sources, primarily massive alpine hydroelectric run-of-river and pumped-storage power plants, complemented by expanding wind and solar portfolios. VERBUND operates critical high-voltage electricity transmission grids across Austria, supplying clean energy to domestic consumers, industrial enterprises, and international power exchange markets, playing a vital role in European decarbonization and renewable energy security goals.
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