| Type | Municipal owned |
|---|---|
| Industry | Power |
| Founded | 1999 |
| Headquarters | Stavanger, Norway |
| Area served | Jæren and Ryfylke |
| Key people | Eimund Nygaard (CEO) Lars Anders Myhre (Chairman) |
| Products | Electricity Natural gas Broadband Television |
| Revenue | NOK 3,540 million (2006) |
| Operating income | NOK 1,645 million (2006) |
| Net income | NOK 670 million (2006) |
| Owner(s) | 16 municipalities |
| Website | www.lyse.no |
Lyse (Norwegian for (to) light) 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 (Altibox) and other telecommunication services, natural gas distribution, 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.
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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.
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.
On 15 October 2009, Lyse decided to modernize its logo.[1] According to their press statement, they made the change to provide a more contemporary appearance of the corporation.[2]