May 30, 2016 11:08 AM ET

Electric Utilities

Company Overview of KELAG-Kärntner Elektrizitäts-Aktiengesellschaft

Company Overview

KELAG-Kärntner Elektrizitäts-Aktiengesellschaft, together with its subsidiaries, operates as an energy service provider primarily in Austria. It provides electricity, district heating, and natural gas to industrial, municipality, retail, and business customers. The company operates 77 power stations, as well as holds supply rights from third-party power stations with a total capacity of 1,140 MW; 2 photovoltaic projects; and a total of 9 wind farms in Burgenland and 19 wind farms near the Black Sea coast with a generation capacity of 60 MW, as well as manages 80 district heating plants and approximately 900 heating stations. It also manages an electrical network of approximately 17,900 kilom...

Arnulfplatz 2

Klagenfurt,  9010

Austria

Founded in 1923

1,408 Employees

Key Executives for KELAG-Kärntner Elektrizitäts-Aktiengesellschaft

Compensation as of Fiscal Year 2015.

KELAG-Kärntner Elektrizitäts-Aktiengesellschaft Key Developments

VERBUND Eyes KELAG

VERBUND AG (WBAG:VER) intends to acquire KELAG-Kärntner Elektrizitäts-Aktiengesellschaft. "It would be interesting to obtain the majority [in Kelag],” VERBUND Chief Executive Officer Wolfgang Anzengruber told the daily Presse. "But where there is no seller, there can be no buyer.” It is unclear whether Austria's region Carinthia would be interested in the sale of its stake in VERBUND is also interested in other regional utilities with a high share of hydropower, such as the ones in Tirol, he said.

Similar Private Companies By Industry

Company Name Region
best connect Unternehmergemeinschaft GmbH Europe
BioMa Energie AG Europe
CE Energy Holding AG Europe
E-Control GmbH Europe
Energie Graz GmbH & Co KG Europe

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

The information and data displayed in this profile are created and managed by Capital IQ, a Standard & Poor's company. Bloomberg.com does not create or control the content. For inquiries, please contact Capital IQ directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
Bloomberg L.P. United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact KELAG-Kärntner Elektrizitäts-Aktiengesellschaft, please visit www.kelag.at. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.