EVN naturkraft

What EVN naturkraft does

EVN Naturkraft GmbH is an Austrian renewable energy operator and 100% subsidiary of publicly listed utility EVN AG, founded on 21 November 1995 and headquartered in Maria Enzersdorf, Lower Austria. The company generates wholesale eco-electricity from a diversified three-technology portfolio — hydropower (65 plants including run-of-river and storage/pumped-storage facilities), wind power (183 turbines across 31 wind parks), and photovoltaics (29 solar plants) — totaling approximately 917 MW of installed capacity across more than 270 facilities in Austria, Bulgaria, and North Macedonia, sufficient to supply over 1.5 million people and save roughly 1.5 million tonnes of CO2 per year.

The company's product portfolio centers on three core generation streams (Windkraft at ~570 MW, Wasserkraft at ~270 MW, Photovoltaik at ~92 MWp) plus the Zwentendorf Photovoltaic Research Center and HELIOtube CSP demonstration plant. All facilities are managed via modern SCADA-based technical operations management. Distribution follows a hybrid go-to-market: direct B2B wholesale sales of eco-electricity to utilities, grid operators, and energy companies; tailored complete solar packages for Lower Austrian municipalities (NÖ Gemeinden); and Bürgerbeteiligungsmodelle (citizen participation models) enabling individuals to purchase individual solar modules as investments, as executed at Zwentendorf (2012) and Schönkirchen-Reyersdorf (2013).

EVN Naturkraft monetizes capacity primarily through long-term wholesale electricity offtake arrangements and, secondarily, through community financing products and municipal project packages. Revenue is materially influenced by the parent EVN AG's commercial relationships and grid infrastructure access, while permitting, JV financing (e.g., 50/50 EVN Wien Energie WP, 70% Wasserkraftwerke Trieb und Krieglach, 76% Hydro Power Company Gorna Arda, 13% Verbund Innkraftwerke), and an 11-year UVP cycle for new wind projects (as evidenced by Gnadendorf-Stronsdorf) shape capital intensity and the pace of capacity expansion.

Name

EVN naturkraft

Legal name

EVN Naturkraft GmbH

Website

https://evn-naturkraft.at

Company type

Private

Founded year

1995

Operating status

Operating

Headcount range

51–100 employees

Short description

EVN Naturkraft is an Austrian renewable energy operator (100% subsidiary of EVN AG) generating hydropower, wind, and solar electricity across 270+ facilities with ~917 MW installed capacity, supplying wholesale electricity to utilities, municipalities, and citizen investors in Austria, Bulgaria, and North Macedonia.

Ownership category

akta.pro rank

Product category

Renewable Energy Generation

NAICS

Wind Electric Power Generation (221115), Hydroelectric Power Generation (221111), Solar Electric Power Generation (221114)

SIC

Electric Services (4911), Electric, Gas & Sanitary Services (4900)

akta.pro primary industry

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

akta.pro secondary industries

Electrical Systems O&M (Substations, Transformers, Switchgear, Protection & Controls) (EUAMAGAH), Distributed Generation (DG) Solar & Small Wind (EUAMAJAD)

Keywords

• Renewable energy generation
• Wind power generation
• Solar power generation
• Hydroelectric power generation
• Eco electricity supply

Headquarters

HQ city

Maria Enzersdorf

HQ country

Austria

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Eco-Electricity Generation and Sales: EVN Naturkraft generates and sells eco-electricity produced from three renewable sources: hydropower (65 plants), wind power (183 turbines in 31 wind parks), and photovoltaic (29 solar plants). Total installed capacity of approximately 917 MW generates renewable electricity for over 1.5 million people. The company operates as a wholesale electricity producer selling to utilities, grid operators, and municipalities.
2. Citizen Participation Models: EVN offers Bürgerbeteiligungsmodelle (citizen participation models) where individuals can purchase solar modules from solar power plants. Participants invest in clean electricity generation and receive attractive interest returns. Two models have been successfully completed: Zwentendorf (2012) and Schönkirchen-Reyersdorf (2013).

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels4 records

Core offering

EVN Naturkraft generates and sells wholesale eco-electricity from three renewable sources—hydropower (65 plants, ~270 MW), wind power (183 turbines across 31 wind parks, ~570 MW), and photovoltaics (29 plants, ~92 MWp)—for an installed capacity of approximately 917 MW. The company operates as a wholesale electricity producer selling to utilities, grid operators, and municipalities, and also offers citizen participation models for solar module investments and complete photovoltaic packages tailored for Austrian municipalities.

Product overview

EVN Naturkraft is a renewable energy company offering a portfolio of three core power generation products: Windkraft (wind power through 31 wind parks with 183 turbines, 570 MW), Photovoltaik (solar power through 29 plants, 92 MWp), and Wasserkraft (hydroelectric power through 65 plants including run-of-river and storage/pumped storage facilities, 270 MW). The company also provides citizen participation models for solar investments and complete solar packages for municipalities. All operations are managed through modern SCADA systems for technical operations management. The company operates primarily in Austria with additional facilities in Bulgaria.

Differentiator

Problem solved

Functional benefit

Products and services

• Windkraft (Wind Power) Wind power generation through 31 wind parks with 183 wind turbines totaling approximately 570 MW installed capacity, generating 1,420 GWh/year and supplying over 400,000 households with green electricity. Sold as wholesale eco-electricity to utilities, grid operators, energy companies, and municipalities.
• Photovoltaik (Solar Power) Solar power generation through 29 photovoltaic plants totaling approximately 92 MWp installed capacity, generating 100 GWh/year and supplying approximately 28,000 households. Includes roof-mounted, facade-mounted, and ground-mounted installations with both fixed and sun-tracking systems.
• Wasserkraft (Hydroelectric Power) Hydroelectric power generation through 65 power plants (60 run-of-river and 5 storage/pumped storage) with approximately 270 MW installed capacity, generating 1,420 GWh/year. Plants utilize Kaplan, Francis, and Pelton turbines depending on site-specific requirements.
• Bürgerbeteiligungsmodelle (Citizen Participation Models) Citizen investment models allowing individuals to purchase individual solar modules from solar power plants as investment opportunities, enabling participation in clean energy generation with attractive interest returns.
• Photovoltaik für Gemeinden (Solar Packages for Municipalities) Complete photovoltaic packages specifically designed for Austrian municipalities (NÖ Gemeinden) to support the expansion of solar energy utilization, customized to the specific needs of each municipality and securing investments optimally.

Quantifiable outcome

• CO2 savings of 1.5 million tonnes per year across all renewable facilities
• +4 more outcomes

Named customers1 record

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Eight partnerships are on record, tiered core and minor.

• EVN Wien Energie WP-Entwicklungs- und Betriebs GmbH & Co KGcoreStrategic or Co-development PartnerJoint venture (50% ownership each) for wind power and photovoltaic project development and operation. Collaborative projects include Glinzendorf I+II (10 wind turbines, 20.4 MW), Glinzendorf III (1 turbine, 2.2 MW), and Oberwaltersdorf (6 wind turbines, 20.7 MW).
• TU Wien (Technische Universität Wien)minorStrategic or Co-development PartnerResearch partnership for photovoltaic and solar thermal projects. Collaborations include Photovoltaic Research Center Zwentendorf (testing different PV modules, tracking systems, inverters under real conditions) and HELIOtube project (concentrated solar power demonstration at Dürnrohr with HELIOVIS AG and Einsiedler Solartechnik).
• Hydro Power Company Gorna Arda ADminorStrategic or Co-development PartnerBulgarian joint venture (76% owned by EVN) for hydropower development. Part of EVN's Bulgarian renewable energy portfolio in the Balkans region.
• Verbund Innkraftwerke GmbHminorStrategic or Co-development PartnerStrategic investment (13% stake) in Danube hydropower projects as part of EVN Naturkraft's water power portfolio participation.
• Wasserkraftwerke Trieb und Krieglach GmbHminorStrategic or Co-development PartnerJoint venture (70% owned) for hydropower development in Styria, contributing to EVN Naturkraft's water power operations.
• Kraftwerk Nußdorf Errichtungs- und Betriebs GmbH & Co KGminorStrategic or Co-development PartnerJoint venture (33% stake) for hydropower plant development and operation, part of EVN Naturkraft's water power project society holdings.
• HELIOVIS AGminorStrategic or Co-development PartnerTechnology partner for HELIOtube concentrated solar power demonstration project at Dürnrohr power plant. Partner in research project for inflatable solar concentrator technology.
• Ashta Beteiligungsverwaltung GmbHminorStrategic or Co-development PartnerBulgarian investment (49.99% stake) as part of EVN's Balkan renewable energy expansion strategy.

Scale indicators7 records

Recent moves12 records

Expansion highlights5 records

Broad incumbents

• EnBW: German integrated utility with a major renewable generation portfolio across wind, solar, and hydro. Comparable to EVN Naturkraft as a large-scale European renewable operator with diversified technology mix and wholesale supply orientation, though operating at significantly greater scale.
• RWE: German integrated utility with one of Europe's largest renewable generation portfolios across onshore/offshore wind and solar. Comparable broad incumbent with overlapping renewable IPP operations in Central Europe and similar exposure to wholesale power markets and renewable policy frameworks.
• Statkraft: Norwegian state-owned company and Europe's largest generator of renewable energy, primarily hydropower. Comparable to EVN Naturkraft's hydropower operations and wholesale supply model, with substantially larger scale and additional European geographic footprint.

Direct peers

• Verbund AG: Austria's largest electricity company and one of Europe's largest hydropower producers, generating renewable electricity primarily from hydro and wind. Verbund is the most direct peer to EVN Naturkraft in the Austrian renewable generation market, with overlapping hydropower portfolios, similar wholesale supply model, and direct JV overlap through Innkraftwerke (EVN holds a 13% stake).
• Wien Energie: Vienna's municipal energy utility and direct JV partner with EVN Naturkraft in EVN Wien Energie WP-Entwicklungs- und Betriebs GmbH & Co KG for wind and solar projects (Glinzendorf I+II, Glinzendorf III, Oberwaltersdorf). Operates renewable generation across Austria with very similar customer segments and municipal/government engagement model.

Regional players

• Energie Steiermark: Styrian regional energy utility operating hydropower, wind, and solar generation across Austria. Comparable to EVN Naturkraft as an Austrian regional renewable operator with a similar three-technology portfolio approach and municipal engagement model, anchored in the same Eastern Austrian geography.
• CEZ Group: Czech Republic-based integrated energy group with diversified renewable generation across hydro, wind, and solar in Central Europe. Comparable regional renewable operator with similar wholesale supply focus, three-technology portfolio approach, and exposure to Central European regulatory and market dynamics.
• KELAG (Kärntner Elektrizitäts-Aktiengesellschaft): Carinthian regional utility with significant hydropower and growing renewable generation across Austria. Operates a similar diversified renewable model and wholesale supply approach to EVN Naturkraft, including joint venture structures for hydropower development.
• TIWAG (Tiroler Wasserkraft AG): Tyrolean state-owned utility with substantial hydropower operations and growing wind/solar portfolio in Austria. Comparable to EVN Naturkraft in its renewable generation mix, Austrian wholesale supply role, and public-utility ownership structure, with particular overlap in the hydropower segment.
• Salzburg AG: Regional Austrian utility operating hydropower and other renewable generation across Salzburg state. Comparable to EVN Naturkraft as a diversified renewable generator with municipal and wholesale customer overlap, operating in the same regulatory environment (Austrian renewable framework).

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/EVN
• LinkedInlinkedin.com/company/evn-naturkraft-erzeugungsgesellschaft-m.b.h.

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries11 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 naturkraft