VERBUND

The Post launches "Post Energie powered by Verbund" and enables customers to sign electricity and gas contracts in 330 branches to give less digitally inclined customers easy access to cheap tariffs. Electricity costs 10.34 cents/kWh in the first year plus €4.10 monthly basic charge, then 15.10 cents/kWh and €5.99; gas initially costs 8.80 cents/kWh plus a €5.99 basic charge, then 10.56 cents/kWh and €7.19. Contract signing and advice are intended to take five minutes; customers become Verbund customers directly. Post and Verbund aim to increase switching rates and build trust with customers. » More on kurier.at

Energy company Verbund is constructing an 84-megawatt onshore wind farm in Spille, south of Durrës, with commissioning planned for spring 2028. Nordex will deliver twelve wind turbines and provide 15 years of maintenance. Verbund won the contract in an international tender and aims to diversify Albania's power mix alongside hydropower by adding wind and solar. The project is part of a framework agreement between Verbund Green Power and Nordex for up to 700 MW of capacity and up to 105 turbines by 2030. » More on kurier.at

Drought and historically low river flows reduced Verbund’s hydropower generation in the first nine months by 20.2% to about 15,990 GWh and cut group profit by 43.5% to €684.8 million. Revenue fell 5.4% to €5.56 billion, and the average selling price of its own generation was markedly lower at €79.7/MWh. Verbund lowered its annual forecast to €1.01 billion and, after continued weak water flows in October, expects average own generation again only in November and December. » More on kurier.at

Stefan Waldner, currently senior vice president in OMV’s finance division, will move to Verbund in the first quarter of 2027 and was appointed by the supervisory board for an initial two-year term with an option to extend. Until he takes up the post, Verbund CEO Michael Strugl will continue to handle the finance portfolio. His predecessor, Peter Kollmann, resigned his board mandate at the end of August 2026 and joined Bank of America as vice chair EU and country executive for Germany and Austria. » More on kurier.at

Austrian energy provider Verbund confirms the use of Siemens S7 PLCs named as targets of active hackers in a U.S. government warning. No security-relevant incidents have been reported, as the systems are used only in very specialized areas and are not reachable from the internet. The U.S. warning is aimed at S7 controllers in critical infrastructure after attacks on local water supply systems were reported. » More on de.investing.com