At the extraordinary General Assembly of Swissgrid Ltd held on 5 December 2018, shareholders agreed to the proposals of the Board of Directors.

On 24 July 2018, maintenance work was being carried out on behalf of Swissgrid at the Magadino substa-tion (220-kV line, Magadino – Soazza). In the course of the work, an earth fault at 10.43 a.m. led to a tem-porary interruption of the power supply in some areas of the Sottoceneri.

The work to repair the four bent pylons on the Albula Pass lines, which were damaged by Storm Vaia at the end of October, will commence in spring 2019. Clearance work on the site is completed.

Swissgrid is implementing its Strategy 2022 as communicated in spring and continuing to develop as an organisation. This includes organisational adjustments with effect from 1 January 2019 to achieve further improvements in efficiency and professionalisation of the company.

Windstorm Vaia caused damage last night in Switzerland's transmission grid. In total six Swissgrid lines were impacted by the windstorm. Grid security is ensured.

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.