The company aims to purchase, develop, and operate hydropower plants in the area of the municipality of Glarus Süd, particularly in the area of the former municipalities of Diesbach and Betschwanden, as well as the production and sale of electrical energy; it can also operate photovoltaic and other energy production facilities as well as energy storage. The company can establish branches and subsidiaries domestically and participate in other domestic enterprises as well as acquire, encumber, dispose of, and manage real property domestically. Furthermore, the company can conduct all business that is directly or indirectly related to the main purpose of the company or is suitable to promote the same.