Istad
Encyclopedia
Istad AS
Aksjeselskap
Aksjeselskap is the Norwegian term for a stock-based company. It is usually abbreviated AS or A/S, especially when used in company names. An AS is always a limited company, i.e. the owners cannot be held liable for any debt beyond the stock capital...

is a 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,...

 based in Molde
Molde
is a city and municipality in Møre og Romsdal county, Norway. It is part of the Romsdal region. The municipality is located on the Romsdal Peninsula, surrounding the Fannefjord and Moldefjord...

, Norway
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...

. The company owns the power grid in the municipalities of Aukra
Aukra
Aukra is a village and municipality in Møre og Romsdal county, Norway. It is part of the region of Romsdalen. The administrative centre is the village of Aukra....

, Eide
Eide
Eide is a municipality in Møre og Romsdal county, Norway. It is part of the region of Nordmøre. It is located on the Romsdal peninsula, along the Kornstadfjord and the Kvernesfjord. The administrative centre of the municipality is the village of Eide...

, Fræna
Fræna
Fræna is a municipality in Møre og Romsdal county, Norway. It is part of the region of Romsdal. The municipality is located on the Romsdal peninsula surrounding the Frænfjorden, the eastern shore of the Julsund strait, and includes most of the Hustadvika area...

, Gjemnes
Gjemnes
Gjemnes is a municipality in Møre og Romsdal county, Norway on the Romsdal peninsula. It is part of the Nordmøre region. The administrative centre is Batnfjordsøra, which lies along the Batnfjorden and is a former steamship landing place...

, Midsund
Midsund
Midsund is a municipality in Møre og Romsdal county, Norway. It is part of the Romsdal region. The administrative centre is the village of Midsund on Otrøya island. The municipality consists of the islands of Otrøya, Midøya, Dryna, and the smaller Midsund is a municipality in Møre og Romsdal...

, and Molde
Molde
is a city and municipality in Møre og Romsdal county, Norway. It is part of the Romsdal region. The municipality is located on the Romsdal Peninsula, surrounding the Fannefjord and Moldefjord...

. It also operates a fiberoptic broadband
Broadband
The term broadband refers to a telecommunications signal or device of greater bandwidth, in some sense, than another standard or usual signal or device . Different criteria for "broad" have been applied in different contexts and at different times...

 in Molde.

The company dates back to 1918, and got the present corporate structure in 1981. It is owned by Trondheim Energi
Trondheim Energi
Trondheim Energi, formerly Trondheim Energiverk, is a Trondheim, Norway-based power company and a subsidiary of Statkraft. The company owns the power grid and district heating in Trondheim and Klæbu as well as fourteen hydroelectric power plants in Nea and Nidelva as well as five partially owned...

 (subsidiary of Statkraft
Statkraft
Statkraft is a Norwegian state owned electricity company. With a total energy production of 44.9 TWh in 2007, the Statkraft Group is the third largest energy producer in the Nordic region, as well as the largest energy producer based on renewable energy sources in Europe,consisting of 40% of the...

, 49%), the City of Molde
Molde
is a city and municipality in Møre og Romsdal county, Norway. It is part of the Romsdal region. The municipality is located on the Romsdal Peninsula, surrounding the Fannefjord and Moldefjord...

 (41%), and Moldekraft (10%).
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