GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Verbund AG (WBO:VER) » Definitions » Interest and Commission Paid

Verbund AG (WBO:VER) Interest and Commission Paid


View and export this data going back to 1988. Start your Free Trial

What is Verbund AG Interest and Commission Paid?

Interest and Commission Paid only applicable to companies reporting Cash Flow from Operations in direct method.


Verbund AG Business Description

Address
Am Hof 6a, Vienna, AUT, 1010
Founded in 1947 through a nationalization act, Verbund is the leading power producer in Austria. The Austrian state owns 51% of its capital. Hydro accounts for more than 90% of the total power output. Hydro power is generated from reservoirs and pumped storage plants in the Austrian Alps, and run-of-river plants in Austria and southern Germany. Total hydro capacity amounts to 8.4 GW. Verbund also owns the Austrian electricity grid through its fully owned subsidiary AP. In 2021, the firm acquired 51% of Gas Connect Austria, a gas transmission and distribution system operator. The group also owns one CCGT and is involved in trading and development of wind and solar capacity.
Executives
Dr. Susanna Zapreva-hennerbichler Board of Directors
Mag. Dr. Achim Kaspar Board of Directors
Dr. Peter F. Kollmann Board of Directors
Mag. Dr. Mba Michael Strugl Board of Directors