Forces Motrices de Sembrancher (FMS) SA

To exploit hydraulic forces on the territory of the municipalities of Sembrancher and Orsières, as well as the hydroelectric facility located in the municipality of Sembrancher; to take all measures to maintain, renew and optimize the operation of said facility and the high-voltage transmission network, to participate in companies of the same nature and other companies in the same field, to carry out all financial, commercial, movable and immovable operations that converge with its objectives, to found or finance companies directly or indirectly related to its purpose.