 Along with the municipalities, TrønderEnergi owns 49% of the company.The company also operates fiberoptic broadband in the region.The company was created in 1991 after the merger of Nordmøre Interkommunale Kraftlag, Aure og Stemshaug Kraftlag, Averøya Kraftlag, Freiøya Kraftlag, Kristiansund Elektrisitetsverk, Smøla Kraftlag, Tingvoll Kommunale Kraftlag and Tustna Kraftlag.