Verbund reopens 24.30 MW plant: what it means for Verbund stock
Published on 10/29/2026 at 11:06 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSHydropower upgrade and market context
- VERBUND officially reopened Laufnitzdorf on October 16, 2026, after its modernization.
- The project can supply 40,000 households and lifted facility output by more than 30 percent.
- VERBUND invested EUR 65.00 million in the 95-year-old hydropower plant.
- Verbund stock traded at EUR 69.83 at 11:02 a.m. CET on October 29, 2026.
VERBUND AG (ISIN AT0000746409) reopened its modernized Laufnitzdorf hydropower plant on October 16, 2026, a project that now delivers 24.30 megawatts and can meet the annual electricity needs of 40,000 households, according to the VERBUND release. The announcement adds a concrete operating milestone to the utility's modernization program.
EUR 65.00 million modernizes a 95-year-old plant
VERBUND invested EUR 65.00 million in the Styria project, which began in autumn 2024. New turbines and generators were installed in the historic powerhouse, while a new weir power plant and upgraded infrastructure were added along the seven-kilometer diversion canal.
The modernization increased the facility's total output by more than 30 percent. Laufnitzdorf is now the largest hydropower plant on the River Mur, and it belongs to VERBUND's Styrian group of 43 hydropower plants.
What does the upgrade mean for Verbund stock?
The project shows how VERBUND is using existing assets to expand renewable generation rather than relying only on new construction. The plant has produced more than 10 billion kilowatt-hours since it began operating in 1931, giving the reopening a long operating history as well as a new capacity figure.
TickerLandia listed Verbund's 52-week range at EUR 54.25 to EUR 70.20 on October 28, 2026. The range places the latest quote close to the upper end of its yearly trading band.
Stock quote after the reopening
Verbund was trading at EUR 69.83 at Lang & Schwarz on October 29, 2026 at 11:02 a.m. CET. The quote gives investors a current market reference while the Laufnitzdorf project supplies a measurable example of capital spending and higher renewable capacity. The further course of trading is shown by the continuously updated real-time quote of Verbund stock.
Verbund stock at a glance
- Company: Verbund AG
- ISIN: AT0000746409
- Ticker: VER
- Primary exchange: Vienna Stock Exchange
- Price Lang & Schwarz (as of October 29, 2026, 11:02 a.m. CET): EUR 69.83
- Sector / Industry: Utilities / Renewable Utilities
- Index membership: ATX
Market context: Market report ATX.
