Lyse Energi

Infobox Company
company_name = Lyse Energi AS
company_
company_type = Municipal owned
foundation = 1999
founder =
location = Stavanger, Norway
key_people = Eimund Nygaard (CEO)
Lars Anders Myhre (Chairman)
area_served = Jæren and Ryfylke
industry = Power
products = Electricity
Natural gas
Broadband
services =
revenue = profit NOK 3,540 million (2006)
operating_income = NOK 1,645 million (2006)
net_income = NOK 670 million (2006)
num_employees =
owner = 16 municipalities
subsid =
homepage = [http://www.lyse.no www.lyse.no]
footnotes =
international = yes

Lyse 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 and other telecommunication services, natural gas distribuation, district heating, burglar alarms, retailing and installation services. The company's head office is located in Stavanger.

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.