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.

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.