VERBUND AG engages in the production and distribution of electricity. It operates through the following segments: Renewable Generation, Sales, Grid, and All Other. The Renewable Generation segment consists of hydropower and wind generation technologies. The Sales segment includes all trading and sales activities. The Grid segment comprises activities of Austrian Power Grid. The All Other segment involves in the energy services, thermal generation, services, and equity interests. The company was founded in 1947 and is headquartered in Vienna, Austria.