The Board of Directors of Swissgrid has resolved to acquire further parts of the transmission grid as of 3 January 2019 and will propose the capital increase required for this purpose to shareholders.

The implementation of «Strategic Grid 2025» is progressing well: Construction of two important line projects from «Strategic Grid 2025» will begin at the end of August.

The preparatory work for the Chamoson – Chippis VHV overhead line that started last January is nearing completion for the first two sections between Chalais and Sierre and Sion and Vex.

In 2015, the cantonal geologist of the Valais requested an additional «natural hazards» study within the framework of the Chamoson – Chippis extra-high-voltage transmission line project.

All the proposals by the Board of Directors were approved at today's Annual General Assembly of Swissgrid Ltd. A dividend totalling CHF 29.4 million will be distributed for the 2017 financial year.

Swissgrid will assume additional roles, above all in the areas of construction supervision, project planning and health, safety & environment (HSE).