Draft of contract sent to EFTA (ESA)
Draft of contract sent to EFTA (ESA)
Request for tenders for mechanical and electrical equipment.
Substantial increase in inflow to the Company’s reservoirs in September.
Water status in Landsvirkjun’s reservoirs improving.
Meeting increased energy demands in the northeast of Iceland
Landsvirkjun, The National Power Company of Iceland, signed today ...
Equity ratio 42.2% and profit for the period was USD 63.9 million
Weather conditions were cold in May and June in the eastern parts of Iceland
Landsvirkjun has reviewed its water budget.
Moody‘s credit rating agency has upgraded Landsvirkjun‘s ratings to Baa2 from Baa3 with a stable outlook.
Established on the 1st of July, 1965 in connection with the construction of the Búrfell Hydropower Station
Landsvirkjun, the National Power Company of Iceland, announced earlier this month that all conditions...
To commence power production in the autumn of 2017
58 megawatts (MW) for a metallurgical grade silicon metal production plant at Bakki
Landsvirkjun’s wind turbines prove to be well above the world average in utilisation
This initial 45 MW phase is the first step in the responsible development of the area.
Economic conditions continue to affect operations but net debt continues to decrease.
The aluminium and data center industries in Iceland enjoy competitive electricity prices that do not negatively impact the energy-intensive industries’ competitiveness in general. These were the main conclusions of the report compiled by the Fraunhofer Institute for Systems and Innovation Research ISI at the request of the Ministry of Industries and Innovation in Iceland. Landsvirkjun’s CEO, Hörður Arnarson said “this confirms what we already firmly believe, that we offer green energy at competitive prices. We are pleased that this has now been confirmed by an independent expert.”
Tinna Traustadóttir and Ríkarður S. Ríkarðsson have been appointed as the Executive Vice Presidents of the new Sales and Customer Service and Business Development and Innovation. The Marketing and Business Development Division will no longer exist.
Landsvirkjun, the National Power Company of Iceland, and the Port of Rotterdam have signed a Memorandum of Understanding ("MOU”) to perform a pre-feasibility study of exporting green hydrogen from Iceland to Rotterdam. According to the MOU, the parties also agree to the exchange of knowledge, with the aim of exploring new opportunities of cooperation related to hydrogen.
Among the first companies globally to adopt a new approach to finance green assets.
Landsvirkjun’s results for the first half of the year reflect the difficult economic conditions throughout the world.
Hörður Arnarson, CEO, Landsvirkjun, explains how the power company's ongoing innovation allows it to maximize the sustainable harvest of natural resources and add value to the economy in an interview with Country Reports in partnership with Newsweek.
" The current economic situation has shown us that supporting innovation and improving the utilisation of natural resources in Iceland is more important than ever" says Kristín Linda Árnadóttir, Deputy CEO of Landsvirkjun.
Landsvirkjun, Norðurorka (Utility Company), Húsavík Energy and SSNE have signed a new contract to continue their cooperation on the EIMUR innovation project which was formally established in 2017.
Landsvirkjun has started the process of developing a hydrogen production facility at Ljósifoss Hydropower Station.
Acceptable first quarter results under challenging external conditions.
At Landsvirkjun‘s board meeting, on April 20, 2020, the board of directors agreed on a new dividend policy for the company.
Landsvirkjun has exercised an issuer call option to redeem a bond on 28 October 2020 of the amount of USD 50,000,000.
Landsvirkjun’s contribution to reigniting the economy.
Jónas Þór Guðmundsson re-elected chairman of the board.
Landsvirkjun and MýSilica join forces to support innovation and development in the Mývatn area.
The offering was very well received, with an order book which was multiple times oversubscribed.
Landsvirkjun will deliver 100% certified renewable energy to the high-performance computing data center.
The visitor center is temporarily closed due to COVID-19. This is only a precautionary measure.