The purpose of the company is to exploit the hydroelectric power of the Sarneraa river between Sarnen and Alpnach and to operate a power plant in Alpnach. The company may also construct, operate, acquire and lease other power plants as well as power transmission and distribution facilities. It is authorized to participate in undertakings with a similar purpose and to conduct all business that may serve to achieve or promote the company's purpose. The company may acquire, encumber and sell real estate.