Private company

Lyse AS

Logo: Lyse AS, Public domain, via Wikimedia Commons4

Norwegian utility company

Lyse (named after Lysefjorden in Ryfylke) 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.2 It employed 114 people.1 Its revenue was NOK 23.7 billion in 2023.1 Wikipedia text CC BY-SA 4.0

Last updated Oct 20, 2026.

Overview

Jun 17, 1998Founded1
  • Industrydistribution network operator for electricity, electricity generation, internet service provider1
  • HeadquartersStavanger1
  • Websitewww.lysekonsern.no
  • Legal formaksjeselskap1
  • LEI5967007LIEEXZXHC1K173
  • StatusActive3
  • LEI statusIssued and current3
  • Registered addressBreiflåtveien 18, 4017 Stavanger, Norway3
  • Registered withThe Brønnøysund Register Centre, 980 001 4823

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Lyse (named after Lysefjorden in Ryfylke) 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.2

Corporate structure

Lyse AS sits at the top of its group. 10 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

  • Lyse AS Stavanger, Norway
    • Lyse Produksjon Stavanger, Norway
    • Viken Fiber Drammen, Norway
    • Altibox Subsidiary · Stavanger
    • Ice Subsidiary · Oslo, Norway
    • Lnett Subsidiary · Stavanger, Norway
    • ICE COMMUNICATION NORGE AS Subsidiary · Oslo, Norway
    • LYSE ENERGI AS Subsidiary · Stavanger, Norway
      • LYSE STROM AS (LYSE STRØM AS) Subsidiary · Stavanger, Norway
    • LYSE NEO AS Subsidiary · Stavanger, Norway

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries, stakes and holdings from Wikidata (CC0). Each entity in the chart links to its source.

The story

Lyse's roots go back to the establishment of the first electricity plants at the beginning of the 20th century, which became the engine in the industrialization and modernization of Norway. In 1947, the company Lyse Kraft DA was established with the aim of expanding the hydropower resources in Lysebotn. The name Lyse is inspired by the Lyse river in Lysebotn.

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.

In 2015, the company changed its name from Lyse Energi AS to Lyse AS.

In 2020, the company merged its portfolio power plants with Hydro, becoming one of the largest hydroelectric power producers in Norway. As a part of the transaction Hydro acquired the operatorship of Lyse's power plants.

In March 2022, Ice Group sold its operating activities to Lyse AS.

From Wikipedia’s article on Lyse AS, shared under CC BY-SA 4.0.5

Products and brands

  • Voice over IP
  • biogas
  • broadband
  • district cooling
  • district heating
  • electrical energy
  • home automation
  • natural gas
  • television broadcasting

Listed on Wikidata.1

Through Lyse Kraft DA (74.4%) the company owns the hydroelectric power stations of Suldal I, Suldal II, Røldal, Novle, Kvanndalen, Middyr, Svandalsfona, Hjelmeland, Breiava, Flørli, Hauskje, Hetland, Lysebotn II, Maudal, Oltesvik, Sviland, Tjodan, Vasstøl, Midtlæger, Ulla-Førre and Sira-Kvina.

The company also has shares in Jørpeland hydroelectric power station and in thermal power plant Bærheim.

From Wikipedia’s article on Lyse AS, shared under CC BY-SA 4.0.5

Subsidiaries and ownership

Owners

  • Stavanger 43.7%
  • Sandnes Municipality 19.5%
  • Sola Municipality 8.7%
  • Time Municipality 5.8%
  • Klepp Municipality 4.2%
  • Hå Municipality 3.8%
  • Randaberg Municipality 3.3%
  • Eigersund Municipality 3%
  • Strand Municipality 2.5%

Subsidiaries

Former owners and parents

  • Rennesøy Municipality 1.1% until Dec 31, 2019

Also consolidated

From Wikidata.1 Ownership links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); each one cites its LEI record.

Acquisitions

  1. Mar 2022Ice became a subsidiary1

Revenue over time

As stated on Wikidata, in the currency reported.

Revenue

  • 202323.7B NOK1

Net income

  • 20232.4B NOK1

Timeline

  1. Jun 17, 1998Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

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