Development of the energy potential of the canton of Valais according to industrial principles and in respect of sustainable development; the company may in particular build and operate one or more photovoltaic power plants in the canton of Valais, in Switzerland and abroad; it may participate in the construction and operation of any photovoltaic power plant as well as any installation for the production of so-called renewable energies; the company may acquire real estate and open branches and subsidiaries in Switzerland and abroad and carry out, either on its own account or on behalf of third parties, all commercial, financial, movable and immovable transactions directly or indirectly related to its purpose or likely to facilitate its realization (cf. statutes for full purpose)