Guarantees of origin specify the energy source from which electricity is produced. They serve to enable users of electricity to support the production of energy with renewable sources within the definition of the EU directive 2009/28/EC.
Landsvirkjun is involved in various social projects and follows a policy of providing grants to good causes. The company has supported a number of causes, including various charities, cultural and educational projects and sports and leisure activities.
Landsvirkjun has erected it's first wind turbine in an area known as "Hafið" near Búrfell Power Station. Thanks to rapid technological development wind energy is fast becoming a viable option when it comes to environmentally friendly power.
Moody‘s confirms unchanged credit ratings for Landsvirkjun
July 4, 2017
Moody’s Investors Service has confirmed unchanged credit ratings for Landsvirkjun. Landsvirkjun’s credit rating without the guarantee of collection is Baa3 and with the guarantee of collection Baa1. Outlook is stable.