Vattenfall

State-owned Swedish electricity producer and supplier

Overview

Vattenfall is Sweden’s state-owned power company; Fortune notes that it is government-owned at 50% or more and lists it as a private (unlisted) company.[1] Its fiscal 2025 revenue was US$23.9bn and profit US$1.9bn.[4] Headquartered in Solna, it is the largest utility in the Swedish ranking and is led by chief executive Anna Borg.[4]

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