Fredrikstad Energi, branded as FEAS is a Norwegian

Norway

Norway , officially the Kingdom of Norway, is a Nordic unitary constitutional monarchy whose territory comprises the western portion of the Scandinavian Peninsula, Jan Mayen, and the Arctic archipelago of Svalbard and Bouvet Island. Norway has a total area of and a population of about 4.9 million...

 power company

Power Company

The Power Company was a team of professional superheroes-for-hire in the DC Comics universe. The team, created by Kurt Busiek and Tom Grummett, first appeared in JLA 61,...

 that operates in Fredrikstad

Fredrikstad

is a city and municipality in Østfold county, Norway. The administrative centre of the municipality is the city of Fredrikstad....

 and Hvaler

Hvaler

Hvaler is a municipality that is a group of islands in the southwestern part of Østfold county, Norway. The administrative centre of the municipality is the village of Skjærhalden, on the island of Kirkeøy. The only police station in the municipality is located in Skjærhalden...

. The company is owned by the Municipality of Fredrikstad (51%) and Fortum

Fortum

Fortum Oyj is a Finnish publicly listed energy company, which focuses on the Nordic and Baltic countries, Poland and the north-west of Russia. After acquisition of Russian energy company TGC-10 in year 2008, Western Siberia has become an important operating area for Fortum. The head of the company...

 (49%).

The company has bought a number of privatized

Privatization

Privatization is the incidence or process of transferring ownership of a business, enterprise, agency or public service from the public sector to the private sector or to private non-profit organizations...

 power grid operators and power distribution companies in Norway, including Energi 1

Energi 1

Energi 1 is a power company that serves Røyken, Ski, Enebakk and Nesodden in Norway. It provides the power grid in the municipality, with a total of 34,000 customers, as well as selling electricity through the subsidiary Energi 1 Kraftsalg Follo AS. Formerly the company was owned by the...

, Røyken Energiverk and Askøy Energi

Askøy Energi

Askøy Energi is a power company that serves Askøy in Norway. It provides the power grid in the municipality, as well as selling electricity through the subsidiary Askøy Energi Kraftomsetning, with a total of 11,000 customers. It was created as a limited company by the municipality in 1995, but was...

, as well as the now integrated Hvaler kommunale elverk. FEAS also is the largest owner of the Norwegian football premiership

Norwegian Premier League

Tippeligaen is a Norwegian professional league for association football clubs. At the top of the Norwegian football league system, it is the country's primary football competition. The league is also unofficially known under its neutral name Eliteserien , although the name has never been official...

 team Fredrikstad F.K.

Fredrikstad F.K.

Fredrikstad footballklubb is a Norwegian football club from the town of Fredrikstad. With nine league championships and eleven Norwegian Cup wins, FFK is one of the most successful clubs in Norwegian football...

with 24% ownership.