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.

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Headquarters Sweden

Address Evenemangsgatan 13, Solna, Stockholm, 16979


Telephone 46 8 7395000

No of Employees 20,655

Industry Alternative Energy

Revenue (2024) $23.2B

   

   

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Vattenfall AB premium industry data and analytics

280+

Tenders & Contracts

Detailed insights into open, awarded and pre-solicited tenders and contracts for Vattenfall AB.

16+

Energy Storage Projects

Understand the energy storage landscape for Vattenfall AB, drawing on intelligence spanning electrochemical, electromechanical, thermal and hydrogen storage.

6

Transmission & Distribution

Access detailed information on all line and substation projects and T&D infrastructure with Vattenfall AB.

13+

IT Services Contracts

Improve competitive bidding with insights into all publicly disclosed IT services contracts for Vattenfall AB (including IT outsourcing, business process outsourcing, systems integration & consulting and more).

1

ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on Vattenfall AB’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

Products Services
Electricity Energy Services
Heat Energy Trading
Distribution and Sale of Electricity and Heat
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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.
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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
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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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