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About VERBUND

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  2. About VERBUND

The VERBUND Group is Austria's leading energy company and one of Europe's largest producers of renewable energies. 98% of the energy generated by the Group comes from renewable and environmentally friendly sources.

Traditionally, VERBUND has consistently produced significantly more hydropower than any other energy source, positioning itself as a leader in hydropower in Europe that now operates over 8.4 GW of hydro installations across the continent, mainly in Austria and Germany.

In recent years, however, VERBUND initiated an energy diversification and internationalization strategy, with the objective of increasing the amount of combined wind and solar capacity in the company’s overall generation to 25% by 2030.

Romania is a pivotal country in VERBUND’s international growth plans. The country boasts significant wind potential along with ample solar radiation, making it an ideal location for sustainable energy projects. VERBUND first started operating in Romania in 2012, when the 226 MW Casimcea wind farm was commissioned, marking the company’s long-term commitment to harnessing the region's renewable energy capabilities.

Mission V: Our Path to a Sustainable Future

At VERBUND, we recognize that the European energy transition demands urgent and substantial investments in green energy—specifically in wind, solar photovoltaics, and green hydrogen. In line with our commitment to decarbonization and sustainability, we developed "Mission V," a strategic initiative designed to support Europe’s energy transition through three key pillars:

  1. Strengthening the integrated national energy market in Austria and Germany,
  2. Establishing VERBUND as a market leader in green hydrogen across Europe, and
  3. Accelerating the large-scale deployment of renewable energy sources, including hydro, wind, and solar PV throughout the continent.

Together, these pillars will guide our efforts in building a sustainable and resilient energy future for generations to come.

The blue and white illustration shows a stylised image of a person, a PV system, wind turbines, the sun and a city in the background.

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