" 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.
According to Moody's, the upgrade reflects the continued improvement in the company’s credit profile.
Landsnet buys back outstanding bonds
Landsvirkjun and Advania have signed a power purchase agreement for the supply of energy to Advania’s data center in Fitjar.
Net debt continues to decrease while the company is currently constructing two power plants.
The renewal of Norðurál's contract with Landsvirkjun on the purchase of electricity does not involve state aid, as it was concluded on market terms.
The total water stored stands at just over 97% of capacity, which is much better than in 2015.
Rules on chain liability are intended to ensure that any party working indirectly for Landsvirkjun enjoy rights and employment terms in accordance with law and wage contracts.
Moody’s Investors Service has upgraded Landsvirkjun‘s credit rating for unguaranteed debt to Baa3 from Ba1.
Power price linked to market in Northern Europe.
Net debt continues to decrease
Gagarin has been awarded the prestigious Red Dot for Landsvirkjun’s exhibition, “Powering the Future” in the Ljósafoss Power Station.
Affirmed Landsvirkjun's credit ratings at BBB-/A-3
Landsvirkjun has decided to renew the turbines in the old Bjarnarflag Geothermal Station in order to ensure its continued operation.
Landsvirkjun and the Nordic Investment Bank (NIB) have signed a USD 50 million long-term loan agreement without a guarantee of collection for the construction of the Theistareykir project
Moody‘s Investors Service has today placed all of Landsvirkjun‘s ratings on review for upgrade
The European Investment Bank (EIB) has signed a EUR 125 million loan agreement with Landsvirkjun to finance a new geothermal power station and its geothermal wells at Theistareykir, near Húsavik in north-eastern Iceland.
Three out of four tourists said that the utilisation of renewable energy had a positive impact on their experience of Icelandic nature.
Gagarin was awarded the Gold Prize in the category “Digital Installations” in a competition held by the European Design Awards in 2016 for the exhibition Powering the Future, installed in Landsvirkjun’s Ljósafoss Power Station.