Axpo Holding AG, headquartered in Baden in Canton Aargau, and its subsidiaries constitute the energy company Axpo. Axpo Holding AG was established in 2001 and is 100-per cent publicly owned. The company originates from the former Nordostschweizerischen Kraftwerke AG, NOK. Axpo produces, distributes and markets electricity and is active in international energy trading, as well as in the energy services business. The company is present internationally in approx. 30 countries.