Lyse AS
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, Norway.
| 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 |
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%).