Verbund’s Result Influenced by Impairment Tests

EnergyEnergy Source ♦ Published: October 27, 2011; 10:10 ♦ (Vindobona)

The Austrian electricity group presented an improved operating result for the first three quarters of the year despite weak water supply.

Verbund’s Result Influenced by Impairment Tests / Picture: © Verbund AG

The value of Verbund’s hydropower plants changed positively for the long term after Germany’s phase-out of nuclear energy. This is confirmed on the one hand by the significant commitment of decision-makers to expand renewable energy and on the other hand by the higher sales margins of certified electricity generation from hydropower.

In addition, Verbund currently presumes…