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. It has presence in Denmark, Finland, Germany, the Netherlands and the UK among others. Vattenfall is headquartered in Solna, Stockholm, Sweden.
Headquarters
Sweden
Address
Evenemangsgatan 13C, Solna, Stockholm, 16992
Website
group.vattenfall.com
Telephone
46 8 7395000
No of Employees
18,883
Industry
Alternative Energy
Revenue (2021)
$21.0B
Vattenfall AB premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Electricity | Distribution and Sale of Electricity and Heat |
| Heat | Energy Trading |
| Energy Services |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Contracts/Agreements | In January, the company along with bp, EnBW, Fred. Olsen Seawind, Orsted, Parkwind, RWE, ScottishPower Renewables, Shell, SSE Renewables, and TotalEnergies entered into a partnership with the Carbon Trust to develop methodology and guidance to measure and address the carbon emissions associated with offshore wind farms. |
| 2022 | Acquisitions/Mergers/Takeovers | In December, the company acquired WSK Puls, a German pumped hydro project. |
| 2022 | Acquisitions/Mergers/Takeovers | In October, the company acquired Warmtebedrijf Rotterdam. |
Competitor Comparison
| Key Parameters | Vattenfall AB | Equinor ASA | Electricite de France SA | Enel SpA | E.ON SE |
|---|---|---|---|---|---|
| Headquarters | Sweden | Norway | France | Italy | Germany |
| City | Solna | Stavanger | Paris | Rome | Essen |
| State/Province | Stockholm | Telemark | Ile-de-France | Lazio | Rheinland-Pfalz |
| No. of Employees | 18,883 | 21,126 | 163,423 | 67,117 | 68,535 |
| Entity Type | Private | Public | Public | Public | Public |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Mats Granryd | Chairman | Executive Board | 2022 | - |
| Anna Borg | Chief Executive Officer; President | Senior Management | 2020 | 51 |
| Kerstin Ahlfont | Chief Financial Officer; Senior Vice President | Senior Management | 2020 | 51 |
| Torbjorn Wahlborg | Senior Vice President; Head - Generation Business Area | Senior Management | 2015 | 60 |
| Helene Bistrom | Head - Wind Business Area; Senior Vice President | Senior Management | 2021 | 60 |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
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