Lyse AS

Lyse AS
Company typeMunicipal owned
IndustryPower and telecommunications
Founded1998
HeadquartersStavanger, Norway
Area served
Jæren and Ryfylke
Key people
Eimund Nygaard (CEO)
Harald Espedal (Chairman)
ProductsElectricity
Natural gas
Broadband
Television
District heating
District cooling
Biogas
Home automation
RevenueIncrease NOK 6,053 million (2012)
Owner16 municipalities
Number of employees
1000
Websitewww.lysekonsern.no

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.

The company is owned by the municipalities of Stavanger (45.74%), Sandnes (19.53%), Sola (8.74%), Time (5.83%), Klepp (4.23%), (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%).