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.
The ratings apply to long- and short-term commitments, with and without the guarantee of collection.
Acceptable results in challenging external conditions.
A dialogue between the companies amid challenging conditions in aluminium markets.
An open meeting presenting the details of a new action plan.
Landsvirkjun’s results for the first nine months of the year 2019.
Highest revenue quarter recorded in financial history of the Company.
The buyback reflects Landsvirkjun‘s strong financial position and is a part of reducing the company‘s debt, interest expenses and foreign exchange risk.
Jónas Þór Guðmundsson re-elected Chairman of the Board.
Moody’s Investors Service has upgraded Landsvirkjun’s unguaranteed senior unsecured debt ratings from Baa3 to Baa2.
Landsvirkjun has reached an agreement with US and UK institutional investors to issue its debut US private placement (“USPP”) in Green Bond format, for a total amount of USD $200 million.
Norsk Hydro ASA has made a binding offer for all shares in Rio Tinto á Íslandi hf., the owner and operator of the aluminium ÍSAL smelter in Straumsvík, Iceland.
Record breaking year in energy production and operating performance.
Landsvirkjun and the high-tech company Advania Data Centers have signed a power contract for the supply of 30 MW to the data center at Fitjar in Reykjanesbær.
Highest sustainability score in 11 categories.
The current power contract between the companies dates from the year 1975 and expires in 2019.
Revenue increases between periods.
The first geothermal station to be entirely constructed by Landsvirkjun.
Profit increases.
S&P Global Ratings confirms Landsvirkjun‘s credit ratings, with stable outlook.
Credit rating without the guarantee of collection is Baa3 and with the guarantee of collection Baa1. Outlook is stable.
The preparation stage for the Þeistareykir Geothermal Power Station has mostly been successful and in accordance with the principles of sustainable development
Acceptable results in the first quarter.
A new report on Landsvirkjun's CSR progress and focus for the year 2016 has been published.
At the Annual General Meeting of Landsvirkjun, the National Power Company of Iceland, held today, the Minister of Finance and Economic Affairs appointed Board members and reserve members for Landsvirkjun’s Board of Directors.
The protocol was developed as a partnership project of Landsvirkjun, Reykjavik Energy, HS Orka and the Icelandic Environment Agency.
