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.
Landsvirkjun has prepaid a loan with a state guarantee of collection with a nominal amount of 34 million USD.
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.
Investment in innovation in energy-related industries and services
Landsvirkjun recently signed two agreements regarding restructuring of two outstanding bonds.
Landsvirkjun joins 8000 other international corporations and institutions
This collaboration will be an opportunity for us to make ...
Gender wage gap at Landsvirkjun decreases from 12.0% to 1.6% within ten years.
Decision in the hands of the Icelandic National Planning Agency
Only a few centimeters missing
The potential of wind power to be researched further
Landsvirkjun's results for the first six months of the year 2013
A private placement amounting to USD 30 million, equivalent to 3.6 billion ISK
Over 1200 guests visited the windmills and n 9000 people our centers this summer
Landsvirkjun now has two EMTN programmes for debt issuance
Change in outlook reflects that of the Republic of Iceland
Landsvirkjun has pledged 80 million to university education, over a five year period, to promote university education and research in geochemistry, electric power engineering and other academic disciplines within the universities
By Hörður Arnarson, CEO of Landsvirkjun
Collaboration between the Scientific Community, National Energy Agency and the Energy Sector
Come meet our experts on wind on June 15 between 12:00-16:00
Working togeather to bring science to the public
Open in three power stations in South, West and North Iceland
