Verbund AG

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Verbund - Austrian Hydro Power is an operating electricity utility based in Austria. As of Dec 31, 2004, Co. maintained a net work 88 hydropower plants. Co. sells its electricity to third-party suppliers and business customers in Austria and abroad. Co. operates the Austrian high-voltage grid with lines running to neighboring markets. As an independent grid operator, Co. makes its lines available to all market players on equal terms. As of Dec 31, 2004, Co. had 88 hydropower plants with different generation qualities. The 66 run of river/threshold plants generate 18,070 GWh of constant base-load electricity in an average water year.