The majority of Swiss hydropower-producing companies are organised in the form of “ partnership companies ”.
What is a partnership company?
Numerous hydropower plants were constructed in the Swiss Alps in the 50s and 60s. The construction costs of the largest projects exceeded the financial capacities of a single company or a canton. The risks were also too great to bear alone. This is why the stakeholders regrouped into a partnership.
These companies are generally incorporated as public limited companies. Their shareholders are mainly electricity producers, electricity distributors with end customers, cantons and municipalities as well as SBB.
The purpose of a partnership company is to produce electricity for its shareholders and to share the costs of key investments. The energy is marketed directly by the shareholders. In return, they bear all the costs of the partnership company.
Electricité d'Emosson has two shareholders :
- The Swiss firm Alpiq SA at 50%
- The French firm EDF Sa at 50%.
About Alpiq
Alpiq is a leading electricity supplier and energy service provider in Switzerland. Active throughout Europe, the company offers comprehensive, global and efficient services to its customers in the fields of energy generation and marketing as well as energy optimisation.
Alpiq has been generating climate-friendly and sustainable electricity from carbon-free Swiss hydropower for more than a hundred years Its power plant portfolio also comprises shares in two Swiss nuclear power plants as well as flexible thermal power plants, wind farms and photovoltaic systems in Europe.
About EDF
Electricité de France (EDF) is a French energy firm active around the world. Each day it supports its 40 million customers, ranging from individuals to large industries, in controlling their energy consumption.
The company is the top producer and supplier of electricity in France and Europe as a whole.
EDF’s raison d’être is to create a carbon-neutral future in terms of energy.By 2050, EDF intends to become carbon-neutral.
Electricité de France (EDF) est une entreprise énergétique française active dans le monde entier. Elle accompagne au quotidien ses 40 millions de clients, du particulier à la grande industrie, dans la maîtrise de leurs consommations énergétiques.
L’entreprise est le premier producteur et fournisseur d’électricité en France et en Europe.
La raison d’être d'EDF est de construire un avenir énergétique neutre en CO2. A l’horizon 2050, EDF ambitionne une neutralité CO2.
