Fredrikstad Energi — BrandWiki

Fredrikstad Energi

Overview

Fredrikstad Energi AS

type	Private
founder	City of Fredrikstad
location	Fredrikstad, Norway
key people	Eilert Henriksen (CEO) Svein Johnny Høiden (Chairman)
area served	Fredrikstad
industry	Power
revenue	▲ NOK 920 million (2006)
operating income	NOK 97 million (2006)
net income	NOK 8 million (2006)
num employees	129 (2019)
parent	City of Fredrikstad (51%) Fortum (49%)
homepage	www.feas.no

Fredrikstad Energi, branded as FEAS is a Norwegian power company that operates in Fredrikstad and Hvaler. The company is owned by the Municipality of Fredrikstad (51%) and Fortum (49%).

The company has bought a number of privatized power grid operators and power distribution companies in Norway, including Energi 1, Røyken Energiverk and Askøy Energi, as well as the now integrated Hvaler kommunale elverk. FEAS also is the largest owner of the Norwegian football premiership team Fredrikstad F.K. with 24% ownership.