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 |
|---|---|---|
| 2023 | Plans/Strategy | In July, the company announced its plans to stop the development of the offshore project in the UK. |
| 2023 | Acquisitions/Mergers/Takeovers | In July, the company acquired a solar developer, Solizer. |
| 2023 | Corporate Changes/Expansions | In June, the company announced the inauguration of its 240MW South Kyle onshore wind farm in the UK. |
Competitor Comparison
| Key Parameters | Vattenfall AB | Electricite de France SA | Equinor ASA | Enel SpA | E.ON SE |
|---|---|---|---|---|---|
| Headquarters | Sweden | France | Norway | Italy | Germany |
| City | Solna | Paris | Stavanger | Rome | Essen |
| State/Province | Stockholm | Ile-de-France | Telemark | Lazio | Rheinland-Pfalz |
| No. of Employees | 19,638 | 165,028 | 21,936 | 65,569 | 71,389 |
| Entity Type | Private | Private | Public | Public | Public |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Mats Granryd | Chairman | Executive Board | 2022 | 51 |
| Anna Borg | President; Chief Executive Officer | Senior Management | 2020 | 52 |
| Kerstin Ahlfont | Senior Vice President; Chief Financial Officer | Senior Management | 2020 | 52 |
| Torbjorn Wahlborg | Head - Business Area Generation; Senior Vice President | Senior Management | 2015 | 61 |
| Anne Gynnerstedt | Secretary; General Counsel; Senior Vice President | Senior Management | 2012 | 66 |
| 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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