Mälarenergi AB is a city-owned electric power

Electrical power industry

The electric power industry provides the production and delivery of electric energy, often known as power, or electricity, in sufficient quantities to areas that need electricity through a grid connection. The grid distributes electrical energy to customers...

 and district heating

District heating

District heating is a system for distributing heat generated in a centralized location for residential and commercial heating requirements such as space heating and water heating...

 provider based in Västerås

Västerås

Västerås is a city in central Sweden, located on the shore of Lake Mälaren in the province Västmanland, some 100 km west of Stockholm...

, Sweden

Sweden

Sweden , officially the Kingdom of Sweden , is a Nordic country on the Scandinavian Peninsula in Northern Europe. Sweden borders with Norway and Finland and is connected to Denmark by a bridge-tunnel across the Öresund....

. Mälarenergi has around 570 employees and four daughter corporations: Elnät AB, Stadsnät AB, Försäljning AB and Vattenkraft AB

The company owns the grid and produces electricity, district heating and cooling with a turnover of 3.0 billion SEK

Swedish krona

The krona has been the currency of Sweden since 1873. Both the ISO code "SEK" and currency sign "kr" are in common use; the former precedes or follows the value, the latter usually follows it, but especially in the past, it sometimes preceded the value...

, and 145 000 customers, .