Eidsiva Energi
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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 Nok is a village in Jaba Local Government Area of Kaduna State, Nigeria. The village is an archeological site. Archaeology The discovery of terracotta figurines at this location caused its name to be used for the Nok culture, of which these ...
3.5 billion and
market capitalization Market capitalization, sometimes referred to as market cap, is the total value of a publicly traded company's outstanding common shares owned by stockholders. Market capitalization is equal to the market price per common share multiplied by t ...
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 Moelven Industrier ASA is a Scandinavian industrial group owned by Glommen Mjøsen Skog SA (78,84 %), Viken Skog SA (20,80 %) and Allskog SA (0,08 %). The remaining 0.28 % is owned by private shareholders. The Moelven Group supplies wood-based bu ...
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History

The company was established in July 2000 when Lillehammer og Gausdal Energiverk and Hamar-regionen Energiverk merged their respective grid- and trade divisions. On June 6, 2001 Eidsiva Energi and Hedmark Energi merged their grid- and trade divisions. On April 15, 2004 the three lower companies merged and thus creating one large corporation called Eidsiva energi Holding AS that included industrial investments and energy production. On April 28, 2005 the company bought Mjøskraft and Mjøskraft Strøm from
Hafslund Hafslund is a borough located east of the city centre in the city of Sarpsborg, Norway, Before 1992, Hafslund was a part of Skjeberg municipality. The name Hafslund, which is composed of ''Hafr'', the Old Norse name for husband and ''lundr'' mean ...
and changed its name to Eidsiva Energi AS in December. In September 2006 it took over the power plants from Vannkraft Øst and
Oppland Energi Oppland is a former county in Norway which existed from 1781 until its dissolution on 1 January 2020. The old Oppland county bordered the counties of Trøndelag, Møre og Romsdal, Sogn og Fjordane, Buskerud, Akershus, Oslo and Hedmark. The c ...
. {{Authority control Electric power companies of Norway Companies owned by municipalities of Norway Companies based in Hamar Energy companies established in 2000 Norwegian companies established in 2000