Vattenfall

Vattenfall

Vattenfall AB

Stockholm, Sweden

SolarWindHydroEnergy StorageOtherState-owned enterprise
Founded 19095000+ employees
Profile last updated: August 22, 2026

About

Founded in 1909, Vattenfall is a state-owned enterprise headquartered in Stockholm, Sweden with approximately 5000+ employees specializing in Solar, Wind, Hydro.

Vattenfall is a leading European energy company with approximately 21,000 employees and 12 million customers. The company is committed to enabling fossil freedom through development, construction, and operation of renewable energy sources including offshore and onshore wind, large-scale solar PV, hydroelectric power, and nuclear power. Vattenfall operates an integrated utility model across generation, distribution, trading, and retail sectors, providing electricity, heat, gas, and energy solutions to customers in northwestern Europe. The company operates over 1,400 wind turbines with 6.7 GW capacity, manages hydro assets with 8,800 MW capacity, and has installed 1,150 MW of e-mobility charging point capacity. Vattenfall aims to achieve net-zero emissions by 2040 and is a Science-Based Targets initiative approved company targeting the 1.5°C pathway by 2030.

Headquarters

Stockholm, Sweden

Founded

1909

Employees

5000+

Company type

State-owned enterprise

Focus areas

fossil-freerenewable energywind powersolar powerhydroelectricnuclear powerenergy storagee-mobilitydistrict heatingintegrated utilitydecarbonisation

Products & services

Business models

B2BB2CIPP

Value chain

DevelopmentEngineeringConstructionO&MAsset ManagementTradingRetailConsulting

Service areas (8)

  • Sweden

    Market leader with 0.9 million electricity contracts and 2.8 TWh heat delivered. Operates electricity distribution grids in northern and central Sweden, distributing to approximately one million customers.

  • Netherlands

    Leading energy supplier with 3.1 million electricity and gas contracts and 1.6 TWh heat delivered.

  • Germany

    Among leading energy suppliers with 5.0 million electricity and gas contracts.

  • United Kingdom

    Market presence with electricity and heat operations.

  • Denmark

    Operations include wind power projects.

  • Finland

    Market challenger for electricity sales.

  • Norway

    Market challenger for electricity sales.

  • Poland

    Geographic presence in northwestern Europe.

Locations

Headquarters

SE, 169 92, Stockholm, Sweden

Service regions

SwedenNetherlandsGermanyUnited KingdomDenmarkFinlandNorwayPoland

Projects

6

Nordlicht

Under ConstructionOffshore wind farm

Zeevonk

PlannedOffshore wind farm

Hesselø

PlannedOffshore wind farm
Denmark

North Sea I Mid

PlannedOffshore wind farm
Denmark

Tützpatz

OperationalRooftop solar PV

Combined solar power and agricultural farm

204 MW capacityGermany

Höge Väg

OperationalOnshore wind farm
Sweden

Credentials & affiliations

Industry memberships

Science Based Targets initiative

Partnerships

Way Out West festival

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