19.03.2026 - The shareholders of Kraftwerke Linth-Limmern AG (KLL) approved the report and annual accounts for the 2024/25 financial year at their Annual General Meeting. KLL continued to make a substantial contribution to Switzerland’s electricity supply during the past reporting period.
The four KLL power stations – Muttsee, Limmern, Hintersand and Tierfed – produced around 1.7 billion kilowatt hours in the 2024/25 financial year. That is equivalent to the annual electricity consumption of around 435,000 four-person households. This represents a slight increase in electricity production compared with the previous year (financial year 2023/24: 1.6 billion kilowatt-hours).
The Annual General Meeting re-elected the members of the Board of Directors: Kaspar Becker, Jörg Huwyler (Chairman), Viktor Lir, Michael Schärli, Thomas Tschudi and Hans-Peter Zehnder (Vice-Chairman). The shareholders approved the payment of a dividend of 1.5 per cent (previous year: 1.5 per cent) of the share capital of CHF 350 million.
Kraftwerke Linth-Limmern AG is a joint venture between Axpo and the Canton of Glarus. Axpo holds 85 per cent of the shares, the Canton of Glarus 15 per cent.
Corporate Communications