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PDF - 9Mo - Grande Dixence SA

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GD. P.70<strong>Grande</strong> <strong>Dixence</strong> <strong>SA</strong>financial interestsElektrizitätswerk Zermatt AG (EWZ), industrialservices for the municipality of Zermatt, with 45% ofthe share capital held since November 2001. Thispartnership has allowed EWZ and <strong>Grande</strong> <strong>Dixence</strong> <strong>SA</strong>to develop synergies to exploit and process thewater in the Zermatt basin.HYDRO Exploitation <strong>SA</strong>, created in June 2002 jointlyby EOS Holding and FMV <strong>SA</strong>, to manage their installations.<strong>Grande</strong> <strong>Dixence</strong> <strong>SA</strong> holds 36.8% of the sharecapital. Established in 2003, HYDRO Exploitation <strong>SA</strong>was one of the first companies to focus entirely on theuse of hydroelectric energy. Primarily designed for itsshareholders, the company's services could also beoffered to the owners of other hydraulic facilities inValais or elsewhere.Cleuson-<strong>Dixence</strong>, an ordinary partnership createdjointly with EOS in 1992 to increase the capacity forelectricity production. <strong>Grande</strong> <strong>Dixence</strong> <strong>SA</strong>'s holdingis 15/22.Forces Motrices de la Borgne <strong>SA</strong> (FMdB), with 29%of the share capital since January 2009. FMdB ownsthe Bramois development, located upstream ofthe <strong>Grande</strong> <strong>Dixence</strong> installations, and uses the watersof the Borgne river. FMdB's other shareholders arethe communes of Hérémence, Mase, Nax, Sion,St-Martin, Vernamiège and Vex (51%) and the companyFMV <strong>SA</strong> (20%).<strong>Grande</strong> <strong>Dixence</strong> <strong>SA</strong>shareholders60%Alpiq Suisse <strong>SA</strong>, LausanneAxpo AG, BadenBKW FMB Participations <strong>SA</strong>, Bern13 1/3%13 1/3%13 1/3%IWB Industrielle Werke Basel, Basel

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