The company was registered
in the commercial
register of the canton of Basel-Landschaft on September 16, 1950
under the name of Kraftwerk Birsfelden AG. Its fully-paid
capital of 30 million Swiss francs is divided into 3000 registered
shares. The companys purpose is the exploitation of the hydroelectric
power of the Rhine by constructing and operating Birsfelden hydropower
plant.
Company:
Share capital:
Subscr. shares:
Type of share:
Kraftwerk Birsfelden AG
CHF 30 million
CHF 30 million
3000 registered shares worth
CHF 10 000 each
The electrical power generated by the hydropower plant is sold
to the Greater Basel Region in accordance with the provisions of
the founding
contract signed by the two parties.