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Icelandic State acquires Landsvirkjun’s share in Landsnet

The Ministry of Finance and Economic Affairs and Landsvirkjun have reached an agreement on the acquisition by the State of Landsvirkjun’s 64.73% share in Landsnet hf.

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Landsvirkjun and Landeldi Sign a 20 MW Green Power Purchase Agreement

Landsvirkjun and Landeldi hf. have signed a Green Power Purchase Agreement (Green PPA) for up to 20 MW of electricity to Landeldi’s land-based salmon farm in Þorlákshöfn, South Iceland. Negotiations have been ongoing since 2021. Renewable energy is key for Landeldi’s sustainable production, as well as use of sea and fresh water.

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Landsvirkjun recognized with ‘A’ score for transparency on climate change

Landsvirkjun has been recognized for leadership in corporate transparency and performance on climate change by global environmental non-profit CDP, securing a place on its annual ‘A List’.

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GOs No Longer Issued Automatically in the Wholesale Market

Landsvirkjun has notified electricity retail companies in the wholesale market that GO (Guarantee of Origin) certificates will not be issued automatically from 2023.

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Landsvirkjun bond redemption

Landsvirkjun has repurchased USD 50 million floating rate notes due in February 2026. The repurchase reflects Landsvirkjun´s strong financial position and is a part of the company´s debt management.

Read more

Icelandic State acquires Landsvirkjun’s share in Landsnet

The Ministry of Finance and Economic Affairs and Landsvirkjun have reached an agreement on the acquisition by the State of Landsvirkjun’s 64.73% share in Landsnet hf.

Read more

Landsvirkjun and Landeldi Sign a 20 MW Green Power Purchase Agreement

Landsvirkjun and Landeldi hf. have signed a Green Power Purchase Agreement (Green PPA) for up to 20 MW of electricity to Landeldi’s land-based salmon farm in Þorlákshöfn, South Iceland. Negotiations have been ongoing since 2021. Renewable energy is key for Landeldi’s sustainable production, as well as use of sea and fresh water.

Read more

Landsvirkjun recognized with ‘A’ score for transparency on climate change

Landsvirkjun has been recognized for leadership in corporate transparency and performance on climate change by global environmental non-profit CDP, securing a place on its annual ‘A List’.

Read more

GOs No Longer Issued Automatically in the Wholesale Market

Landsvirkjun has notified electricity retail companies in the wholesale market that GO (Guarantee of Origin) certificates will not be issued automatically from 2023.

Read more

Landsvirkjun bond redemption

Landsvirkjun has repurchased USD 50 million floating rate notes due in February 2026. The repurchase reflects Landsvirkjun´s strong financial position and is a part of the company´s debt management.

Read more

Projects

  • Power stations

    We operate 18 power stations all over Iceland.

  • Business innovation

    There are numerous opportunities for energy-related innovation in Iceland.

  • Iceland is sustainable, stable and able

    Iceland has long been called ‘the land of fire and ice’. And it’s this unique blend of natural geology and northerly location which gives the country a strong and attractive sustainability profile.

Renewable energy resources

Landsvirkjun was founded on 1 July 1965 by the state of Iceland and the city of Reykjavik. It is the National Power Company of Iceland and operates 18 power stations in Iceland concentrated on five main areas of operation.
Landsvirkjun

Landsvirkjun
Kt. 420269-1299
Háaleitisbraut 68, 103 Reykjavík, Iceland

landsvirkjun@landsvirkjun.is
Tel: +354515 9000
Opening hours: 8.30 – 16.00

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