Company type | Municipally owned |
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Industry | Energy |
Founded | 2000 |
Headquarters | Hamar, Norway |
Area served | Hedmark Oppland |
Key people | Øistein Andresen (CEO) Pål Egil Rønn (chair) |
Products | Hydroelectricity |
Revenue | NOK 3,500 million (2006) |
Number of employees | 1,000 (2007) |
Website | www.eidsiva.no |
Eidsiva Energi is a Norwegian energy company based in Hamar with large sections of Oppland and Hedmark as core market, and is the largest producer, distributor and trader of electricity in both counties. The corporation had a revenue of NOK 3.5 billion and market capitalization of NOK 9 billion in 2006. It is owned by Hedmark County as well as by 25 municipalities.
The corporation is decentralised and has ten division offices in the two counties, while the head office is located in downtown Hamar, while the customer centre is located in Kongsvinger. It has 163,000 power- and grid customers as well as an electricity production of 3.2 TWh, all hydroelectricity, from 20 wholly owned and 24 partially owned power plants. It also operates 20,000 kilometers of power grid including 10,000 net stations and transformers. It also holds a 39.6% stake in Moelven Industrier.