VERBUND AG (OEZVF)

81.00 0.00 (0.00%) At close: 03:45PM EDT

VERBUND AG

Am Hof 6a
Vienna 1010
Austria
43 50 313 0
https://www.verbund.com

Sector(s): Utilities
Industry: Utilities - Renewable
Full-time employees: 4,030

Description

VERBUND AG, together with its subsidiaries, generates, trades, and sells electricity to energy exchange markets, traders, electric utilities and industrial companies, and households and commercial customers. It operates through Hydro, New Renewables, Sales, Grid, and All Other segments. The company operates hydropower plants with a capacity of 8,417 megawatts (MW); wind farms with a capacity of 798 MW; solar power with a capacity of 253 MW; and two thermal power plants. It also owns and operates electricity transmission network, and gas transmission pipeline and distribution network in Austria, as well as trades and sells gas. VERBUND AG was founded in 1947 and is headquartered in Vienna, Austria.

Corporate governance

VERBUND AG’s ISS governance QualityScore as of 1 June 2024 is 4. The pillar scores are Audit: 1; Board: 6; Shareholder rights: 9; Compensation: 1.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.