Bär & Karrer Advised CIMO in the Negotiations with the Swiss Confederation regarding the Use of a Reserve Power Plant
Bär & Karrer Ltd. | View firm profile
CIMO Compagnie industrielle de Monthey SA entered into an agreement with the Swiss Confederation, under which the latter may use the thermic power plant Thermatel in Monthey as strategic backup source in case of electricity shortfalls. The power plant is already available in winter 2022/23 and currently provides approx. 40 MW of power. After a planned overhaul, the plant is expected to provide approx. 50 MW of power.
Bär & Karrer acted as legal advisor to CIMO. The team consisted of Luca Jagmetti and Thomas Rohde (both Corporate & Commercial).
For further information please contact:
Media Relations, Eric Stupp
Tel: +41 58 261 50 00
Bär & Karrer is a leading Swiss law firm with more than 200 lawyers, providing customized legal advice in complex transactions and litigation. Clients range from multinational corporations to private individuals in Switzerland and abroad. Bär & Karrer is present with offices in all main language regions in Switzerland and operates globally via an international network of leading law firms. For further information please visit baerkarrer.ch.
Zurich, 8 March 2023