RIDDES ENERGIE SA

Development of the region's and municipality's energy potential in accordance with industrial principles and with respect for sustainable development; capturing and turbine operation of water in the municipality of Riddes, construction of reservoirs and all related facilities; the company may carry out all commercial, financial or other operations that are directly or indirectly related to its purpose and promote its development; it may also purchase, sell, rent all premises useful for the development of activities in accordance with the company's purpose; it may also establish branches in Switzerland and abroad, take participations, found or finance companies having a direct or indirect connection with its purpose.