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 its 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
19,638
Industry
Alternative Energy
Revenue (2022)
$23.7B
Vattenfall AB premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Heat | Energy Trading |
| Electricity | Energy Services |
| 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 |
|---|---|---|
| 2024 | Plans/Strategy | In March, Vattenfall InCharge announced its plans to install and manage up to 35,000 public charging points in North Holland, Flevoland, and Utrecht in the Netherlands. |
| 2024 | Plans/Strategy | In February, the company announced its plans to expand its solar parks in Germany to meet the direct supply demands of companies for affordable and clean energy. |
| 2023 | Contracts/Agreements | In December, the company signed an agreement with Vestas for offshore wind energy in the UK. |
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 | Rome |
| State/Province | Stockholm | Ile-de-France | Telemark | Rheinland-Pfalz | Lazio |
| No. of Employees | 19,638 | 165,028 | 23,449 | 72,242 | 61,055 |
| Entity Type | Private | Private | Public | Public | Public |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Mats Granryd | Chairman | Executive Board | 2022 | 51 |
| Anna Borg | Chief Executive Officer; President | Senior Management | 2020 | 52 |
| Kerstin Ahlfont | Senior Vice President; Chief Financial Officer | Senior Management | 2020 | 52 |
| Andreas Regnell | Senior Vice President; Head - Strategic Development | Senior Management | 2015 | 57 |
| Torbjorn Wahlborg | Senior Vice President; Head - Business Area Generation | Senior Management | 2015 | 61 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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