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.
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
Affirmed Landsvirkjun's credit ratings at BBB-/A-3
Landsvirkjun has decided to renew the turbines in the old Bjarnarflag Geothermal Station in order to ensure its continued operation.
Landsvirkjun and the Nordic Investment Bank (NIB) have signed a USD 50 million long-term loan agreement without a guarantee of collection for the construction of the Theistareykir project
Moody‘s Investors Service has today placed all of Landsvirkjun‘s ratings on review for upgrade
The European Investment Bank (EIB) has signed a EUR 125 million loan agreement with Landsvirkjun to finance a new geothermal power station and its geothermal wells at Theistareykir, near Húsavik in north-eastern Iceland.
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.