Landsvirkjun’s results for the first nine months of the year 2019.

According to Moody's, the upgrade reflects the continued improvement in the company’s credit profile.

Outstanding companies build their business on a strong foundation and are focused on the interests of investors and shareholders.

Kristín Linda has participated in various international co-operations on environmental issues.

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.

Another record year for power generation and operating performance.

Operations have already begun in Blönduós and construction work to expand the data center is currently underway.

Revenue, EBITDA and profit increase between periods.

Landsvirkjun is number three on Creditinfo‘s list.

The EFTA Surveillance Authority (ESA) has concluded that state guarantees for Landsvirkjun's hedging derivatives did not involve state aid.

European Commission (EC) competition approval process has taken longer than anticipated.

Revenue, EBITDA and profit increase between periods.