Energy & Water Illiez SA

operation of a thermal center as well as all activities related to the development of thermal waters and other waters in the Val-d'Illiez; turbine operation of the aforementioned waters, production, operation and sale of electricity, various energies (hydraulic, solar, wood, CAD, etc.) and all related activities; the company may grant loans to shareholders or third parties, guarantee loans subscribed by shareholders or third parties, secure these loans by issuing or pledging mortgage securities or by subscribing to any other financial commitment, pledge its assets to secure any claim (cf. statutes for full purpose)