Østfold Energi
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| Østfold Energi AS | |
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| Type | Municipal owned |
| Founded | 1900 |
| Headquarters |  Sarpsborg, Norway |
| Area served | Østfold |
| Key people | Rolf Mogens Gjermundsen (CEO) Egil Martin Ullebø (Chairman) |
| Industry | Power |
| Revenue | ▲ NOK 562 million (2006) |
| Operating income | NOK 258 million (2006) |
| Net income | NOK 145 million (2006) |
| Website | www.ostfoldenergi.no |
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Østfold Energi is a Norwegian power company that operates five hydroelectric power plants in Østfold and Indre Sogn with an annual power production of 1,638 TW·h/year as well as one windfarm and two energy recycling plants with 181 GW·h/yr production for district heating. The company is owned by Østfold county municipality and thirteen municipalities in Østfold.
Owners are Østfold county municipality (50%) and the municipalities of Sarpsborg (14.29%), Halden (7.14%), Moss (7.14%), Askim (4.29%), Fredrikstad (4.29%), Eidsberg (2.86%), Aremark (1.43%), Hobøl (1.43%), Marker (1.43%), Rømskog (1.43%), Skiptvet (1.43%), Spydeberg (1.43%), Våler (1.43%). The company also holds partial ownership of Rygge sivile lufthavn (9%), Hafslund (4.5%), Zephyr (33%), Norsk Grønnkraft (25%) and Kvalheim Kraft (50%).
The power plants operated by Østfold Energi are Borgund power plant (983 GWh/year), Stuvane power plant (163 GW·h/yr), Nyset-Steggje power plant (440 GW·h/yr), Brekke power plant (30 GW·h/yr), Tristedalsfodden power plant (16.3% of 13 GW·h/yr) and Ørje power plant (9 GW·h/yr).
[edit] History
The company was created through the 1960s to the 1980s as a merger between the municipal owned power companies throughout Østfold, with only five municipalities not joining. Fredrikstad and Hvaler had their own company Fredrikstad Energi. Until 1997 the company was named Østfold Energiverk.
In 2000 49% of the grid and retail subsidiaries were sold to Swedish Sydkraft, and in 2003 Sydkraft took over the distribution, installation and retailing subsidiaries while the power production was left in Østfold Energi. The same year Sydkraft swapped its ownership to Fortum in a business deal. Fortum is now operator of the power grid in Østfold, and Østfold Energi has left the retail sector.
