FMV SA

The canton of Valais owns the majority of FMV SA, whose aim is to promote the use of hydroelectricity produced by the public authorities in Valais. The company is active in the production of hydroelectricity, supraregional distribution and electricity trading. FMV’s production facilities, which are spread throughout the canton, generate about 1 billion kWh of clean, renewable and indigenous energy annually, which covers about one third of the electricity consumption in Valais. As a key player in the industry, FMV plays a central role in the canton’s hydraulic power strategy and the electricity supply of Switzerland.