Fredrikstad Energi AS

Fredrikstad Energi, which can trace its roots back to 1895, is a Norwegian power distribution system owner and operator serving over 100,000 customers in seven municipalities located in four of the country's regions through subsidiary Norgesnett. The company also holds stakes in infrastructure service companies and energy retailers, although the grid business dominates revenues and earnings generation. The company is owned by Fredrikstad municipality (51%) and Hafslund (49%), which is wholly owned by Oslo municipality.