Guarantee Structure
Landsvirkjun is a partnership jointly owned by the State Treasury and Eignarhlutir ehf. Its domicile and legal venue are in Reykjavík. The Partnership is an independent legal entity with independent finances and accounts. The State Treasury shall own a 99.9% share in the Partnership and Eignarhlutir ehf. 0.1%.
Each of the two owners shall be severally liable as a guarantor of collection for all the obligations of the Partnership, while the division of liability among the owners shall be in proportion to their respective shares of ownership.