Austrian Utilities Low Leverage High Rewards

EVN

Market Cap: €4.2b

Provides energy and environmental services in Austria, Bulgaria, North Macedonia, Croatia, Germany, and Albania.

Burgenland Holding

Market Cap: €213.0m

Through its investment in Burgenland Energie AG, engages in the generation and sale of electricity in Austria.

VERBUND

Market Cap: €22.7b

Generates, trades, and sells electricity to energy exchange markets, traders, electric utilities and industrial companies, and households and commercial customers.