The company's purpose is to provide system services for the electricity distribution network and the energy market. The company may establish branches and subsidiaries in Switzerland and abroad. It may participate - excluding transactions prohibited by the LFAIE - in other companies in Switzerland and abroad, as well as carry out any commercial, financial or other activity directly or indirectly related to its purpose. The company may acquire, encumber, hold, manage and dispose of real estate in Switzerland, excluding transactions prohibited by the LFAIE, and abroad. It may conduct financial transactions on its own account or on behalf of third parties, as well as provide guarantees and bonds to its subsidiaries or to third parties.