What EVN does

EVN AG is an Austrian regulated energy and environmental services group headquartered in Maria Enzersdorf, Lower Austria. The company operates a vertically integrated utility spanning renewable electricity generation (561 MW wind, 133 MWp solar, plus large-scale battery storage at Theiß and Dürnrohr), regulated electricity distribution through its wholly-owned Netz Niederösterreich subsidiary, and retail supply of electricity, gas, district heating, and water to residential, business, agricultural, and municipal customers. Beyond core utilities, EVN has built adjacent businesses in photovoltaic installation, battery storage, e-mobility (EVN Drive app, EVN Ladekarte, AVIA Österreich partnership for charging expansion), and broadband telecommunications through its kabelplus subsidiary. The group employs approximately 7,000 people and is majority-owned by the state of Lower Austria (51%) with Wiener Stadtwerke holding 28.4%; shares trade on the Vienna Stock Exchange under EVNV.VI.

EVN's revenue model is built on a mix of regulated network tariffs, retail energy supply subscriptions (e.g., Optima Garant Sonne Strom two-zone tariff, Optima Aktiv Strom index-based tariff, district heating Wärme24), and emerging service revenue from e-mobility and photovoltaic contracting. Disclosed H1 2025/26 revenue reached EUR 1.8 billion with EBITDA of EUR 553.3 million (+7.9% YoY) and net income of EUR 312.4 million (+24.7% YoY). Pricing is anchored on smart-meter-enabled time-of-use products (e.g., 8.28 ct/kWh during solar hours, 12.60 ct/kWh peak; average ~10 ct/kWh net), bundled with photovoltaic, battery storage, and EV charging solutions under multi-service contracts.

Technology and capability depth center on the proprietary CyberGrid flexibility management software—an in-house system that optimizes energy trading on day-ahead and intraday markets and manages battery storage dispatch across EVN's renewable fleet. This sits within a wider digital infrastructure that includes smart meter quarter-hour consumption data, the Meine EVN customer self-service portal, and the EVN Drive e-mobility app with access to over 140,000 charging points. The Strategy 2030 program commits approximately EUR 1 billion in annual investment through 2030—four-fifths directed to Lower Austria—covering grid expansion, renewable build-out, battery storage scaling to 300 MW, e-mobility, and water infrastructure. International project business was divested to Strabag for EUR 100 million cash plus EUR 106 million in intragroup receivables, refocusing the group on its Austrian and Bulgarian franchises.

Name

EVN

Legal name

EVN AG

Website

https://evn.at

Company type

Public

Founded year

1986

Operating status

Operating

Headcount range

501–1,000 employees

Short description

EVN AG is an Austrian regulated utility providing electricity, gas, heating, water, e-mobility, photovoltaic, and broadband services in Lower Austria and Bulgaria through subsidiaries including Netz Niederösterreich, CyberGrid, and kabelplus.

Ownership category

akta.pro rank

Product category

Integrated Energy and Environmental Utility Services

NAICS

Electric Power Generation, Transmission and Distribution (2211), Electric Power Transmission, Control, and Distribution (22112), Electric Power Generation (22111), Solar Electric Power Generation (221114)

SIC

Electric Services (4911), Electric, Gas & Sanitary Services (4900), Auto Controls For Regulating Residential & Comml Environments (3822)

akta.pro primary industry

Home Energy & EV Charging (HEMS, Smart Meters, Batteries, Chargers) (HSAPAQAF)

akta.pro secondary industries

EV Charging Network Management & Software Services (CPMS, Monitoring, Billing) (TLAKAMAG), EV Charger Smart Load Integration with HVAC/Electrical Systems (HSAOANAK), Fleet Fuel, Toll & Expense Management Programs (TLABAHAL)

Keywords

• Electricity supply services
• District heating networks
• Renewable energy generation
• Photovoltaic installations
• E-mobility charging

Headquarters

HQ city

Maria Enzersdorf

HQ country

Austria

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Energy Generation: Renewable electricity generation from wind (561 MW) and solar (133 MWp) assets, accounting for 80.5% of total electricity generation. Revenue in generation segment was EUR 73.6 million in Q1 2025/26 with a 27.3% decline due to lower renewable output.
2. Electricity Networks (Netz Niederösterreich): Electricity distribution through Netz Niederösterreich operating 277 wind turbines (1,948 MW) and 115,219 solar installations (1,655 MW). Generated EUR 454 million in external revenue in H1 2025/26 with strong performance, revenue up 22.6% to EUR 238.8 million in Q1.
3. Energy Sales (Strom, Gas, Wärme): Retail electricity, gas, and heating sales to residential, business, agricultural, and municipal customers in Lower Austria. Includes regulated tariff products such as Optima Aktiv Strom and Optima Garant Sonne.
4. Water Supply: Water supply services through EVN Wasser GmbH to residential and business customers.
5. E-Mobility: EV charging infrastructure and services including EVN Ladekarte, EVN Drive app, and EV charging stations across Austria, with expansion planned with AVIA Österreich from 2026.
6. International Project Business (divested): EVN completed the sale of its international project business to Strabag for EUR 100 million cash plus EUR 106 million intragroup receivables.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

EVN is a vertically integrated Austrian energy and environmental services company that generates, distributes, and supplies electricity, natural gas, district heating, and water to residential, business, agricultural, and municipal customers in Lower Austria and Bulgaria. The company operates regulated network infrastructure (Netz Niederösterreich), renewable generation assets (561 MW wind, 133 MWp solar), battery storage facilities, and an expanding e-mobility charging ecosystem, complemented by photovoltaic installation services, energy consulting, and broadband services via its kabelplus subsidiary.

Product overview

EVN (Energie. Wasser. Leben.) is an Austrian energy and environmental services group serving primarily Lower Austria, operating as a vertically integrated utility with generation, distribution, and supply operations. The product portfolio comprises core utility services (electricity, gas, heating, water), renewable energy solutions (photovoltaic systems, battery storage), e-mobility services (charging infrastructure, apps, cards), telecommunications via kabelplus, and customer-facing digital services including the 'Meine EVN' portal. The product architecture follows a bundled utility model where customers can access electricity and gas tariffs (Optima Garant Sonne Strom, Optima Aktiv Strom), heating services (Wärme), water supply, photovoltaic installations with battery storage, and EV charging solutions. The EVN Drive app provides access to over 140,000 public charging points across Austria and partner countries. Supplementary services include the Sanierservice for building energy renovations, the EVN Bonuswelt loyalty program, partner programs, and energy community solutions. The tariff structure features both fixed-price products with smart meter requirements and flexible monthly-adjustable options, reflecting EVN's integration of digital meter infrastructure into its product offerings.

Differentiator

Problem solved

Functional benefit

Brands

• kabelplus: Broadband internet, TV, telephone and mobile tariffs brand
• Optima Garant Sonne
• EVN Drive
• AllesSicher
• joulie

Products and services

• Optima Garant Sonne Strom Fixed-price electricity tariff with two time zones (Sonnenzeit/Hauptzeit) for residential customers in Lower Austria, leveraging smart meter quarter-hour consumption data to deliver discounted solar-time pricing during April-September 10:00-16:00. Average ~10 ct/kWh net with a 12-month price guarantee.
• Optima Aktiv Strom Flexible electricity tariff with monthly index-based price adjustments based on the Strompreisindex (energy price index). Binding-free with no contract term; Grundpreis 76.75 EUR/year and Verbrauchspreis 16.4160 ct/kWh. Includes 2 EVN bonus points per 20 kWh consumed.
• EVN Drive App Mobile application for EV charging that lets users find charging stations across Austria and partner countries, start/stop charging sessions, view real-time availability, and process payments, with access to over 140,000 charging points.
• EVN Ladekarte & App Service EV charging card and accompanying app providing public charging across Austria and partner countries, with monthly invoicing and detailed charging transaction summaries for EV drivers.
• Electricity (Strom) Supply Electricity supply for residential, business, agricultural, and municipal customers in Lower Austria, including various tariff options and smart meter integration.
• Natural Gas Supply Natural gas supply for residential and business customers in Lower Austria.
• District Heating (Wärme) District heating supply for residential and business customers in Lower Austria, providing reliable warmth with modernized tariff conditions and competitive index-linked pricing.
• Water Supply (Wasser) Water supply services for residential and business customers in Lower Austria, delivered through EVN Wasser GmbH.
• Photovoltaic Solutions End-to-end photovoltaic system solutions including planning, installation, and maintenance for residential, business, agricultural, and municipal customers.
• Battery Storage Systems (Batteriespeicher) Battery storage systems for residential and commercial photovoltaic installations that enable self-consumption optimization and storage of excess solar generation.
• EVN Sanierservice Renovation consulting service providing energy assessments, subsidy checks, and tailored renovation concepts for residential buildings, including heat pump transition support and photovoltaic integration.
• Meine EVN Service Portal Online customer portal for registered users enabling secure two-way communication, contract management, billing access, and digital service access.
• EVN AllesSicher 24-hour emergency and fault assistance service for electricity supply issues, available around the clock for customers.
• E-Mobility Services Comprehensive e-mobility services including charging infrastructure, charging cards, apps, and partnerships for EV charging across Austria.
• kabelplus Broadband Services Broadband internet, TV, telephone, and mobile services offered through EVN's kabelplus subsidiary for residential and business customers.
• Energiegemeinschaften (Energy Communities) Energy community solutions enabling groups of customers to share locally produced renewable energy and supporting collective self-consumption.
• SonnenStrom (Solar Power) Photovoltaic solutions including PV system installation, battery storage, and solar panel offerings for residential and business customers.

Quantifiable outcome

• 80.5% of total electricity generation from renewable sources (wind + solar)
• +4 more outcomes

Named customers1 record

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability2 records

Feature3 records

Partnerships

Three partnerships are on record, tiered core and minor.

• AVIA ÖsterreichcoreChannel Partner/ Reseller/ Distributor · 1 January 2026EVN has partnered with AVIA Österreich to expand EV charging infrastructure across Austria starting in 2026. The partnership aims to build out a broader e-mobility charging network complementing EVN's existing charging solutions and the EVN Drive app.
• StrabagminorOthers · 1 January 2026EVN completed the sale of its international project business to Strabag for EUR 100 million in cash proceeds plus EUR 106 million in intragroup receivables, representing a divestiture rather than a traditional partnership.
• CyberGridcoreTechnology or IntegrationCyberGrid is an EVN subsidiary that developed the proprietary flexibility management software used to optimize energy trading on day-ahead and intraday markets, and to manage EVN's battery storage assets including the Theiß (70 MW/140 MWh) and Dürnrohr (16 MW/64 MWh) facilities.

Scale indicators14 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Wiener Stadtwerke: Vienna city-owned multi-utility (electricity, gas, heating, transport, telecom) and EVN's 28.4% shareholder. Directly comparable diversified Austrian utility with energy, heating, and e-mobility businesses.
• Verbund AG: Austria's largest integrated electricity utility with hydro-dominated generation, regulated networks, and retail operations — directly comparable to EVN in product breadth, regulated business mix, and Austrian market exposure.
• Energie AG Oberösterreich: Upper Austrian integrated utility providing electricity, gas, heating, water, and e-mobility services. Closely comparable regional Austrian multi-utility operating in an adjacent but non-overlapping territory.

Broad incumbents

• Iberdrola: Global renewable-led integrated utility with significant networks, retail, and e-mobility businesses. Comparable renewable-led strategy and systems-integration positioning, but operating globally versus EVN's regional focus.
• E.ON SE: One of Europe's largest integrated utilities operating networks, retail, and distributed energy solutions across multiple countries. Broader incumbent operating at a much larger scale with overlapping customer-solutions capabilities.
• EnBW Energie Baden-Württemberg: German integrated utility with generation, regulated networks, and retail across Germany; comparable vertically integrated business model with growing renewable and e-mobility segments.

Regional players

• CEZ Group: Largest Central European integrated utility, headquartered in the Czech Republic, with generation, distribution, and retail across CEE. Comparable in scale and vertical structure to EVN but operating primarily in a different national market.
• Energie Steiermark: Styrian regional utility offering electricity, gas, heating and energy services in southeastern Austria. Comparable business model to EVN but serving a different Austrian state.
• Salzburg AG: Multi-utility serving the Salzburg region with electricity, gas, heating, water, broadband and e-mobility. Comparable product breadth to EVN at a smaller scale within a single Austrian state.

Emerging players

• SMATRICS: Austrian EV charging-network operator and e-mobility service provider. Direct overlap with EVN's e-mobility business (EVN Drive, EVN Ladekarte) and the AVIA partner network within the same geography.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/c/evnergy
• Facebookfacebook.com/EVN
• LinkedInlinkedin.com/company/evn
• Instagraminstagram.com/evn_at
• TikToktiktok.com/@evn_at
• Xx.com/evnergy

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries8 records

Funding overview

Funding rounds

Investors

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 EVN