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Val De Bagnes Legislature Votes the "Costful" Rescue of Altis Electricity Distributor

Summary by Le Temps
In the region of Verbier, the General Council of the rich commune of Val de Bagnes has voted for measures to clean up the energy distributor. They could expose the municipality for tens of millions of francs. The elected ones set conditionsThe atmosphere seems both calm and very serious. On Wednesday, in less than 30 minutes, the legislative of Val de Bagnes decided almost unanimously to save its distributor of water and electricity, the Altis g…
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Meeting in an extraordinary session on Wednesday evening, the Val de Bagnes General Council chose to support the struggling energy group Altis. The legislature sought to prevent the bankruptcy of a company that is largely owned by the municipality.

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In the region of Verbier, the General Council of the rich commune of Val de Bagnes has voted for measures to clean up the energy distributor. They could expose the municipality for tens of millions of francs. The elected ones set conditionsThe atmosphere seems both calm and very serious. On Wednesday, in less than 30 minutes, the legislative of Val de Bagnes decided almost unanimously to save its distributor of water and electricity, the Altis g…

Read Full Article
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Le Temps broke the news in on Wednesday, October 8, 2025.
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