Vattenfall AB - Company Profile
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Vattenfall AB (Vattenfall) is a state-owned energy company that generates, distributes, and sells electricity and heat. The company also conducts gas and energy trading sales. Vattenfall generates power through various sources of energy including wind, nuclear, hydro, natural gas, solar, coal, biomass, and waste, and produces and distributes district heating and supplies to households and industries in metropolitan areas. In addition, the company provides energy services such as battery storage, network services, charging solutions for electric vehicles, heat pumps, solar panels, and smart meters. It serves households, businesses, electricity and gas customers. The company has a presence in Denmark, Finland, Germany, the Netherlands, and the UK among others. Vattenfall is headquartered in Solna, Stockholm, Sweden.
Vattenfall AB premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Electricity | Energy Services |
| Heat | Energy Trading |
| Distribution and Sale of Electricity and Heat |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Stake Sale | In June, the company sold a 60% stake in Videberg Kraft AB to the Swedish state. |
| 2026 | Plans/Strategy | In April, the company announced its plans to sell its 50% stake in the Muir Mhor floating offshore wind project in Scotland to Fred Olsen Seawind. |
| 2026 | Acquisitions/Mergers/Takeovers | In April, the company acquired the remaining 25% stake in Gotlands Energi (Geab) from Region Gotland for SEK532.5 million. |
Competitor Comparison
| Key Parameters | Vattenfall AB | Electricite de France SA | Equinor ASA | E.ON SE | Enel SpA |
|---|---|---|---|---|---|
| Headquarters | Sweden | France | Norway | Germany | Italy |
| City | Solna | Paris | Stavanger | Essen | Roma |
| State/Province | Stockholm | Ile-de-France | Telemark | Rheinland-Pfalz | - |
| No. of Employees | 20,655 | 191,444 | 24,620 | 76,566 | 61,544 |
| Entity Type | Private | Private | Public | Public | Public |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Mats Granryd | Chairman | Executive Board | - | 64 |
| Anna Borg | Chief Executive Officer; President | Senior Management | - | 55 |
| Kerstin Ahlfont | Senior Vice President; Chief Financial Officer | Senior Management | - | 55 |
| Sjur Jensen | Head - Business Area Markets; Senior Vice President | Senior Management | 2026 | 60 |
| Jonas Bengtsson | Senior Vice President; General Counsel; Secretary | Senior Management | 2024 | 56 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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