Vattenfall consists of six Business Areas organised in five operating segments:

  • Operating Segment and Business Area Heat
  • Operating Segment and Business Area Customers & Solutions
  • Operating Segment and Business Area Wind
  • Operating Segment Power Generation consisting of Business Area Generation and Business Area Markets and
  • Operating Segment and Business Area Distribution.

The Electricity Distribution Operators are legally unbundled and separated from Vattenfall’s other operations.

Read more about the business areas below. 

Centralised Staff functions are supporting and steering the business:

  • Staff Function CFO functions
  • Staff Function Strategic Development
  • Staff Function Communications
  • Staff Function Legal/CEO Office
  • Staff Function People & Culture

The CEO, Anna Borg, is responsible towards the Board for the operations of Vattenfall. Subsequently, the CEO has delegated various responsibilities to the Heads of the Business Areas and the Heads of the Corporate Staff functions.

Organisational chart

1) Vattenfall’s electricity distribution operations are unbundled from other operations, in accordance with Swedish and UK legislation.

Customers & Solutions

The Customers & Solutions Business Area is responsible for sales of electricity, gas and energy services as well as e-mobility charging solutions.

Power Generation

Power Generation comprises the Generation and Markets Business Areas. The segment includes Vattenfall’s hydro and nuclear power operations, maintenance services business, and optimisation and trading operations including certain large business customers.


The Wind Business Area is responsible for development, construction and operation of Vattenfall’s wind farms as well as large-scale and decentralised solar power and batteries.


The Heat Business Area comprises Vattenfall’s heat business (district heating and decentral solutions) and gas-fired condensing plants.


The Distribution Business Area comprises Vattenfall's electricity distribution operations in Sweden and in the UK.

See also

Anna Borg

The Executive Group Management focuses on the Group's overall direction.

Children on a mountain near Stockholm

Vattenfall has formulated a strategy to reach our goal of fossil freedom.

Mats Granryd

The directors are elected annually by the Annual General Meeting.