Austrian Utilities Low Leverage High Rewards

Burgenland Holding

Market Cap: €220.5m

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

VERBUND

Market Cap: €21.6b

Generates, trades in, and sells electricity to energy exchange markets, traders, electric utilities and industrial companies, and household and commercial customers in Austria and internationally.

EVN

Market Cap: €5.0b

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