What WEB Windenergie does

WEB Windenergie AG is an Austrian independent power producer founded in 1995 and headquartered in Pfaffenschlag, Austria. The company develops, constructs, and operates onshore wind farms and photovoltaic plants, with a portfolio spanning Austria, Germany, France, Italy, the Czech Republic, Slovakia, Canada, and the United States through its wholly owned subsidiary WEB Renewable Energy USA LLC. As of FY2025, total assets exceeded EUR 1 billion for the first time, with the company's first turbine (in Michelbach, Lower Austria) marking a 30-year operating anniversary and the German subsidiary celebrating 25 years.

The core technology is utility-scale wind and solar generation: onshore wind turbines installed across multiple jurisdictions plus a growing fleet of photovoltaic plants (seven PV plants were commissioned in FY2025, including the first in Slovakia). Active capacity expansion is underway, including the 94.4 MW Weavers Mountain project in Canada (the largest single project in company history), a 62 MW Spannberg wind farm in Lower Austria financed in part by a EUR 20.1 million EIB facility, the Sugar Maple Wind Energy Project in Nova Scotia with 16 turbines, and battery storage integration planned at the Grafenschlag site. The company monetizes output through both retail green-electricity sales under the Grünstrom brand (delivered via the WEB energy sales GmbH customer portal) and wholesale or grid offtake arrangements, including Nova Scotia's Green Choice Program.

Revenue is generated primarily from the generation and sale of electricity under long-duration power purchase arrangements and direct retail contracts. FY2025 revenue was EUR 168.0 million (vs. EUR 170.4 million in FY2024), with net income of EUR 14.7 million (vs. EUR 20.3 million). Capital is sourced from retained earnings, recurring corporate bond placements (the 20th issuance in 2025 was approximately EUR 32.8 million), and institutional debt such as the EIB, supporting an annual investment run-rate of EUR 180.0 million in new and under-construction power plants. The company has over 7,000 shareholders as of February 2026 and recently divested its non-core EV-charging subsidiary ELLA GmbH & Co KG to Wien Energie to refocus on wind and photovoltaic operations.

Name

WEB Windenergie

Legal name

WEB Windenergie AG

Website

https://web.energy

Company type

Private

Founded year

1995

Operating status

Operating

Headcount range

101–250 employees

Short description

WEB Windenergie AG is an Austrian independent power producer that develops, builds, and operates onshore wind and photovoltaic power plants across eight European and North American markets, selling electricity to retail green-power customers, utilities, and provincial grid operators.

Ownership category

akta.pro rank

Product category

Renewable Energy Generation

NAICS

Wind Electric Power Generation (221115), Solar Electric Power Generation (221114), Electric Power Generation, Transmission and Distribution (2211)

SIC

Cogeneration Services & Small Power Producers (4991)

akta.pro primary industry

Wind Farm Ownership & Operations (IPP/Utility-Owned Asset Operations) (EUACAFAF)

akta.pro secondary industries

Wind Farm Development & Permitting (Greenfield/Brownfield) (EUACAFAE), Hybrid Wind Power Plants (Wind+Solar+Storage Co-located) (EUACAFAH), Wind Balance-of-Plant EPC (Crane Pads, Turbine Foundations, Internal Roads) (EUAEADAI)

Keywords

• Wind power generation
• Solar photovoltaic systems
• Renewable energy development
• Green electricity supply
• Wind farm operations

Headquarters

HQ city

Pfaffenschlag

HQ country

Austria

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Infrastructure, Operations, Personnel, Technology or R&D, Supply Chain, Marketing or Sales

Revenue model

1. Power Generation and Sale: Generation and sale of electricity from wind farms and photovoltaic plants. Fiscal year 2025 revenue of EUR 168.0 million with capacity expansion ongoing.

Distribution channels4 records

Marketing channels5 records

Core offering

WEB Windenergie AG develops, constructs, and operates onshore wind farms, photovoltaic (solar) power plants, and hydroelectric facilities across multiple European countries and North America. It sells the generated renewable electricity directly to households and businesses under the Grünstrom brand via its customer portal, and to utility/grid operators through project-based power purchase agreements. Its operations span Austria, Germany, France, Italy, Czech Republic, Slovakia, Canada, and the United States.

Differentiator

Problem solved

Functional benefit

Brands

• Grünstrom: Green electricity product brand for private and business customers
• Tanke Wien Energie
• Grünstrom-Kundenportal

Products and services

• Wind Power Plants Development, construction, and operation of onshore wind farms for renewable electricity generation. WEB Windenergie operates wind parks across Austria, Germany, France, Italy, Czech Republic, Slovakia, Canada, and the United States, supplying electricity to households, businesses, and utility/grid operators.
• Solar / Photovoltaic Power Plants Development and operation of photovoltaic (solar) power plants for renewable electricity generation, including the company's first PV project in Slovakia. PV capacity is part of WEB Windenergie's broader renewable energy portfolio, supplying electricity alongside wind generation.
• Grünstrom (Green Electricity) Green electricity retail product sold under the Grünstrom brand by wholly-owned subsidiary WEB energy sales GmbH, with two tailored offerings: Grünstrom Privat for residential customers and Grünstrom Business for commercial customers. Customers access the product through a self-serve online customer portal (Grünstrom-Kundenportal).

Quantifiable outcome

• 62 MW capacity wind farm serving 40,000 households
• +2 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Two partnerships are on record, tiered core and minor.

• Glooscap First NationcoreStrategic or Co-development Partner · 9 March 2026Partnership with Glooscap First Nation for Sugar Maple Wind Energy Project in Pictou County, Nova Scotia. The 16-turbine project generates clean electricity for approximately 35,000 homes and received provincial environmental approval. Project brings economic benefits including 150 construction jobs and over $30 million in tax revenue over 25 years.
• Wien EnergieminorStrategic or Co-development Partner · 9 March 2026Wien Energie acquired 100% of ELLA GmbH & Co KG e-charging operator from WEB Windenergie. Deal brings approximately 500 public charging stations under Wien Energie's control, expanding their publicly accessible charging network by around 20% to over 3,000 stations.

Scale indicators11 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Encavis AG: German independent power producer operating wind and solar parks across Europe with similar mid-cap scale, multi-country footprint, and acquisition-driven growth model. Highly comparable to WEB Windenergie on geography, asset mix, and revenue model.
• Wattner AG: German wind power operator focused on onshore wind parks with a similar ownership and capital structure profile (corporate bond financing, project portfolio model). Direct comparable for WEB's German subsidiary operations and bond-issuance funding model.
• ABO Energy (formerly ABO Wind): German project developer and operator of wind and solar parks with active operations across multiple European markets and a growing North American presence. Closely comparable to WEB in scale, project development focus, and multi-jurisdiction strategy.
• European Energy A/S: Danish renewable energy developer and operator with wind, solar, and Power-to-X projects across Europe and selected international markets. Comparable mid-size IPP with a similar project development, construction, and operation model spanning multiple countries.

Broad incumbents

• VERBUND AG: Austria's largest utility and a major European hydroelectric and wind power generator listed on the Vienna Stock Exchange. Operates renewable assets across Austria and neighboring countries, providing a domestic comparable for renewable generation capacity, though at much larger scale.
• Energie AG Oberösterreich: Upper Austrian integrated utility with significant wind, hydro, and solar generation alongside distribution. A natural regional peer given geographic and asset-class overlap, though it offers a broader portfolio including network operations.
• EVN AG: Austrian-listed energy and environmental services company with wind, solar, and biomass generation across Central and Southeastern Europe. Comparable on multi-jurisdiction renewable generation strategy, though larger and more diversified into network and water operations.
• EDP Renováveis (EDPR): One of the world's largest wind and solar independent power producers with European and North American operations including Canada. Provides a global comparable for the multi-jurisdiction onshore wind + solar IPP model WEB pursues, though at significantly larger scale.
• RWE Renewables: Major European utility-owned renewable IPP with onshore wind and solar operations across Germany, the Netherlands, and other European markets. Comparable as an established wind farm operator in Europe's most competitive wind markets, with much greater capital base.
• Enel Green Power: Global renewable IPP subsidiary of Enel Group with extensive wind and solar operations across Europe and the Americas including Canada. Provides a comparable for integrated multi-jurisdiction IPP operations, though at substantially larger scale and with broader geographic reach.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/WEBWindenergie
• LinkedInlinkedin.com/company/web-windenergie-ag
• Instagraminstagram.com/webwindenergieag/?hl=de

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries3 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about WEB Windenergie