Verbund Expects Drop in Earnings

Energy › Energy Source ♦ Published: September 9, 2011; 17:10 ♦ (Vindobona)

The Austrian electricity group announced an update of its investment plan and provided guidance on its financial outlook for 2011 and 2012.

Verbund Expects Drop in Earnings / Picture: © Verbund AG

“Our vision is to become one of the most important hydropower generators in Europe supplemented by environmentally friendly gas and wind technology. The attractive investment projects in our domestic market Austria/Germany and the joint ventures under favourable conditions in Italy and Turkey as well as in other countries are laying the foundation for achieving this goal,” said CEO…

or Log In

Fast News Search
Related News
Verbund Reports Drop in Group Result and Sale of French Poweo (July 27, 2011)
Verbund’s Sorgenia Starts Eco-Subsidiary in Italy (July 26, 2011)
Mitterlehner with Plans for Reform of ÖIAG (July 25, 2011)
Verbund Sold Renewables Portfolio to Axa Private Equity (July 19, 2011)
EVN Concludes Acquisition of Stake in Inn Power Plants (July 5, 2011)
Verbund: Speculations about Increase in Sorgenia Stake (July 1, 2011)
Read More
Verbund, Energy Industry, Electronics Industry, Wolfgang Anzengruber, Forecasts
Featured
How the People’s Republic of China Leverages Its Membership in Multilateral Organizations to Advance Its Geopolitical Interests
How China's Global Infrastructure Strategy Undermines European Integration in the Western Balkans and Beyond
See latest Vindobona Newsletter