Production, transmission, distribution, utilization and sale of energy as well as provision of services of all kinds in the fields of energy and environment. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad, as well as conduct all business that is directly or indirectly related to its purpose. The company may acquire, encumber, sell and manage real estate in Switzerland and abroad. It may also provide financing for its own account or for the account of third parties, as well as provide guarantees and sureties for subsidiaries and third parties. It may conclude cash pooling agreements with group companies. Furthermore, the company is authorized to conduct all business that is suitable to promote the development of the company and achieve its purpose.