Fiscal year 2024: Windkraft Simonsfeld increases
production and investments in the energy transition
Windkraft Simonsfeld has stood for the consistent expansion of renewable energy for almost 30 years and was able to prove this once again in the 2024 financial year: In the reporting year, the Windkraft Simonsfeld Group increased its electricity production to a new record high of 756.5 million kilowatt hours, exceeding the previous year's result by 11.6%. This corresponds to the annual demand of around 189,000 households.
Our energy transition company, which operates across Europe, generated revenue of €88.6 million and consolidated earnings after taxes of €23.6 million. Around €33.2 million was invested, mostly in the construction and development of renewable power plants. A new wind farm was commissioned in Wilfersdorf, further wind farms have been approved in the first or second instance, and numerous others are in the approval process.
Sustainable growth
The expansion of renewable energies remains the strategic core objective of Windkraft Simonsfeld. “Our economic strength enables us to invest decisively in a sustainable energy future. This not only makes ecological sense, but is also necessary for the economy,” explains Alexander Hochauer, Chief Financial Officer of Windkraft Simonsfeld. “By 2030, we want to more than double our existing production and produce the annual requirements of 500,000 households. If these projects are implemented as planned, this will correspond to an investment volume of up to €1 billion. So we are investing every euro in the energy transition,” says Markus Winter, Chief Technology Officer at Windkraft Simonsfeld.
Growing number of shareholders
As one of Austria's largest citizen-owned companies, Windkraft Simonsfeld AG also recorded a new record number of shareholders in the reporting year, with 2,588 shareholders. The traded share volume rose by 17% year-on-year to around €3.3 million.
Expansion of company headquarters opened
In spring 2025, we also celebrated the grand opening of our expanded headquarters with around 1,000 visitors. The multi-award-winning building was constructed to the highest ecological standards. “It is a flagship project and an investment in regional jobs and value creation,” said Alexander Hochauer.
To drive forward the expansion of wind power, Windkraft Simonsfeld is also focusing specifically on the next generation. Around a quarter of its workforce already belongs to Gen Z: “We want to offer young people not just a job, but a stage for their ideas, because they are crucial to the success of the energy transition. That's why this is also our motto for the annual report,” emphasizes Alexander Hochauer.
Annual Report 2024
All results and information can be found in the 2024 annual report of Windkraft Simonsfeld AG: