Lyse Energi

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Lyse AS
TypeMunicipal owned
Industry
Founded1998
HeadquartersStavanger, Norway
Area served
Jæren and Ryfylke
Key people
 (CEO)
Harald Espedal (Chairman)
ProductsElectricity
Natural gas
Broadband
Television
District heating
District cooling
Biogas
Home automation
RevenueIncrease NOK 6,053 million (2012)
Owner16 municipalities
Number of employees
1000
Websitewww.lysekonsern.no

Lyse (Norwegian for (to) light) is an industrial and multi-utility company based in Jæren and Ryfylke, Norway. The company has a yearly normal production of 9.5 TWh of hydroelectric power, develops and maintains the power grid in 14 municipalities as well as deliver fiberoptic broadband (Altibox) and other telecommunication services, natural gas distribution, district heating, retailing and installation services. The company's head office is located in Stavanger.

In 2015 the company changed its name from Lyse Energi AS to Lyse AS.

In 2020 the company merged its portfolio power plants with Hydro, becoming one of the largest hydroelectric power producers in Norway. As a part of the transaction Hydro acquired the operatorship of Lyse's power plants.

The company is owned by the municipalities of Stavanger (45.74%), Sandnes (19.53%), Sola (8.74%), Time (5.83%), Klepp (4.23%), Hå (3.78%), Randaberg (3.28%), Eigersund (2.95%), Strand (2.53%), Hjelmeland (0.99%), Gjesdal (0.93%), Lund (0.71%), Bjerkreim (0.51%) and Kvitsøy (0.23%).

Power plants[]

Through Lyse Kraft DA (74.4%) the company owns the hydroelectric power stations of Suldal I, Suldal II, Røldal, Novle, Kvanndalen, Middyr, Svandalsfona, Hjelmeland, , , , , Lysebotn II, , , , Tjodan, Vasstøl, , Ulla-Førre and .

The company also has shares in hydroelectric power station and in thermal power plant .

History[]

The company was founded in 1999 as a merger between the municipal power companies in Stavanger, Sandnes, Sola, Time as well as and .

See also[]

  • Scotland-Norway interconnector

External links[]

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