The purchase and sale, including retail, transformation and transportation, both in Switzerland and abroad (including import and export) of electricity, natural gas and other energy products and/or services, both on regulated markets and over-the-counter markets, wherever located; the purchase and sale, exclusively on its own account, of financial instruments (including commodity derivatives, futures, options, both physical and financial, on energy commodities and related products, including currencies) on national and international markets, regulated and unregulated, and in general the execution of financial transactions of any kind, instrumental and/or connected to the activities mentioned in the previous point; the execution of risk analysis, evaluation and management activities related to the execution of the activities mentioned in the previous points; the provision of any service connected to the activities mentioned in the previous points, including the provision of consulting and assistance services, through professionally qualified individuals; the performance of activities in complementary and ancillary sectors, auxiliary and related to those listed in the previous paragraphs, as well as the acquisition and management of participations in companies, enterprises, consortia and entities of any kind, in Switzerland or abroad, carrying out the same activities, as well as the opening of branches and/or subsidiaries in Switzerland and abroad. The company may, in general, both in Switzerland and abroad, establish and manage any relationship, perform all acts and operations, deemed necessary or useful for the pursuit of the company's purpose, including the issuance of guarantees, sureties and guarantees in general, also real, also in the interest of third parties.