Type Municipal owned Owner 16 municipalities Founded 1999 Number of employees 1,000 | Area served Jæren and Ryfylke Headquarters Stavanger, Norway Revenue 6.053 billion NOK (2012) | |
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Industry Power and telecommunications Key people Eimund Nygaard (CEO)
Ivar Rusdal (Chairman) Products Electricity
Natural gas
Broadband
Television
District heating
District cooling
Biogas
Home automation Subsidiaries Altibox, NorAlarm AS, Lyse Gass As, Lyse Neo As Profiles | ||
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.
Contents
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.