Be part of the energy future.
At Landsvirkjun, we are resolute in our vision of the future. Our role is to pursue a higher standard in all our endeavours, to pursue innovative and unconventional pathways in technological development, and above all, to achieve the extraordinary.
At Landsvirkjun we aspire to become a leader in the sustainable use of renewable energy sources. Prudence, progressiveness and reliability are key elements in the creation and development of new projects.
Landsvirkjun is owned by the Icelandic state and processes 75% of all electricity used in Iceland. We are the country's largest electricity generator.
Landsvirkjun and Advania have signed a power purchase agreement for the supply of energy to Advania’s data center in Fitjar.
Net debt continues to decrease while the company is currently constructing two power plants.
The renewal of Norðurál's contract with Landsvirkjun on the purchase of electricity does not involve state aid, as it was concluded on market terms.
The total water stored stands at just over 97% of capacity, which is much better than in 2015.
Rules on chain liability are intended to ensure that any party working indirectly for Landsvirkjun enjoy rights and employment terms in accordance with law and wage contracts.
Moody’s Investors Service has upgraded Landsvirkjun‘s credit rating for unguaranteed debt to Baa3 from Ba1.
Power price linked to market in Northern Europe.
Net debt continues to decrease
The media centre gives you access to all the published materials released by Landsvirkjun. Our logo and photographs of all of our operations can be found here and can be used freely for media purposes. We also have an extensive news section where you can track our development, all the way back to 1999.