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.
Strong cash generation and a historically high equity ratio.
Follows successful placing of a USD 200m green bond in 2018
The original power contract between the companies dates from the year 1975.
Net debt continues to decrease and the equity ratio strengthens.
The assets and transfer of the shares have negligible effect on the balance sheet and operations of Landsvirkjun.
Jónas Þór Guðmundsson re-elected chairman of the board.
S&P Global Ratings revises Landsvirkjun’s rating outlook from stable to positive on improved financial position.
Landsvirkjun owns 64.7% of Landsnet.
The Green Bond Pioneer Awards are the premier annual recognition of achievement by organisations, financial institutions, governments and individuals who have demonstrated leadership through pioneering initiatives and green issuance and have provided positive examples of climate resilient and low carbon investment in a diverse range of nations and markets.
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.