Lyse AS

Lyse AS

Company type	Municipal owned
Industry	Power and telecommunications
Founded	1998
Headquarters	Stavanger, Norway
Area served	Jæren and Ryfylke
Key people	Eimund Nygaard (CEO) Harald Espedal (Chairman)
Products	Electricity Natural gas Broadband Television District heating District cooling Biogas Home automation
Revenue	NOK 6,053 million (2012)
Owner	16 municipalities
Number of employees	1000
Website	www.lysekonsern.no

Lyse (Norwegian for (to) light) is a power company based in Jæren and Ryfylke, Norway. The company operates ten hydroelectric and one thermal power plants, the power grid in 16 municipalities as well as fiberoptic broadband (Altibox) and other telecommunication services, natural gas distribution, district heating, burglar alarms, liquefied natural gas, 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.

The company is owned by the municipalities of Stavanger (43.68%), Sandnes (19.53%), Sola (8.74%), Time (5.83%), Klepp (4.23%), Hå (3.78%), Randaberg (3.28%), Eigersund (2.95%), Strand (2.53%), Rennesøy (1.15%), Hjelmeland (0.99%), Gjesdal (0.93%), Finnøy (0.91%), Lund (0.71%), Bjerkreim (0.51%) and Kvitsøy (0.23%). Lyse operates the power grid in all these municipalities.

Operations

Lyse operates the hydroelectric power stations of Breiava, Flørli, Hauskje, Hetland, Jørpeland, Lysebotn, Maudal, Oltesvik, Sviland, Tjodan as well as the thermal power plant Bærheim.

History

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

See also

• Scotland-Norway interconnector

External links

• Official website