Upgraded to BB+
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
Rio Tinto Alcan Iceland and Landsvirkjun have today agreed on a modified power supply agreement to better reflect the power requirements of ISAL, Rio Tinto Alcan’s aluminium plant at Straumsvik.
Could increase expertise on volcanoes
The first report to be published only via the web
Assessment indicates no or limited risk to Landsvirkjun´s facilities and operations
Profit for the period amounted to USD 34.5 million
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.
Kristín Linda has participated in various international co-operations on environmental issues.
Strong cash generation and a historically high equity ratio.