The bond is issued under the Company’s EMTN
Request for tenders for mechanical and electrical equipment.
Substantial increase in inflow to the Company’s reservoirs in September.
Water status in Landsvirkjun’s reservoirs improving.
Meeting increased energy demands in the northeast of Iceland
Landsvirkjun, The National Power Company of Iceland, signed today ...
Equity ratio 42.2% and profit for the period was USD 63.9 million
Weather conditions were cold in May and June in the eastern parts of Iceland
Landsvirkjun has reviewed its water budget.
Moody‘s credit rating agency has upgraded Landsvirkjun‘s ratings to Baa2 from Baa3 with a stable outlook.
Established on the 1st of July, 1965 in connection with the construction of the Búrfell Hydropower Station
Landsvirkjun, the National Power Company of Iceland, announced earlier this month that all conditions...
To commence power production in the autumn of 2017
58 megawatts (MW) for a metallurgical grade silicon metal production plant at Bakki
Landsvirkjun’s wind turbines prove to be well above the world average in utilisation
This initial 45 MW phase is the first step in the responsible development of the area.
Net debt decreased by USD 238.7 million from the previous year
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.
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.