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Vattenfall is a Swedish state-owned energy company that develops and operates power generation and electricity supply. It primarily builds and runs wind farms and solar parks, and sells the generated electricity to customers across Europe. Its products work by converting natural resources—wind and sunlight—into electrical power at its plants, which is then distributed through the energy grid. Unlike many competitors, Vattenfall is owned by the Swedish government, which shapes its strategy toward publicly accountable, large-scale renewable energy investments. The company differentiates itself through its long-term state ownership and its focus on expanding renewable power across Europe, rather than pursuing a broad mix of private investments. Its goal is to be a leading European renewable energy company by growing wind and solar capacity and transitioning its portfolio away from fossil fuels toward sustainable, low-carbon power.
Industries
Energy
Company Size
10,001+
Company Stage
Debt Financing
Total Funding
$5.6B
Headquarters
Solna kommun, Sweden
Founded
1909
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Total Funding
$5.6B
Above
Industry Average
Funded Over
3 Rounds
Flexible Work Hours
Remote Work Options
Vattenfall is set to be joined by industry giants, including Alfa Laval AB, Boliden AB, and Hitachi Energy, in a new nuclear firm. The consortium will acquire a 20% stake in Vattenfall's project company for new nuclear energy. They plan an initial investment of SEK 400 million ($42 million) in the project.
The new credit facility replaces Vattenfall’s existing and undrawn EUR 2 billion revolving credit
Vattenfall has secured a credit facility of EUR 3 billion, which is replacing bilateral facilities of EUR 4.3 billion that were established in 2022.
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Industries
Energy
Company Size
10,001+
Company Stage
Debt Financing
Total Funding
$5.6B
Headquarters
Solna kommun, Sweden
Founded
1909
Find jobs on Simplify and start your career today