News - The National Power Company of Iceland

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Focus on waterfalls in East Iceland

24.10.2008

The waterfall that forms when Hálslón Reservoir fills, has been formally named. The name was announced in Egilsstadir this week. A report on the waterfalls within the area affected by the Kárahnjúkar Power Plant was presented on the same occasion.

Blanda Station receives recognition from the Administration of Occupational Safety and Health in Iceland

24.10.2008

Landsvirkjun, the Blanda Station, was on of six companies that received recognition from the Administration of Occupational Safety and Health in Iceland (AOSH) at the Occupational Safety and Health Conference in 2008.

Forbes magazine says "Búrfell Power Plant is among the most unusual art museums in Europe"

23.5.2008

What does Búrfell Power Plant have in common with an aircraft hangar in Austria, a swimming pool in France and a coal mine in Germany? The answer is that these places are ideal locations for cultural events and art exhibitions.

Landsvirkjun signs agreement with the University of Iceland

15.5.2008

Landsvirkjun and the University of Iceland recently signed an agreement concerning visiting professors in the university’s School of Engineering and Sciences.

Declaration of Intent for server farm signed

18.4.2008

A Declaration of Intent for preparations for the construction of a high-tech server farm in Thorlákshöfn was signed by Ölfus local authorities and the company Greenstone ehf. at a meeting in Thorlákshöfn today.

Information security management certified according to the ISO 27001 standard

14.3.2008

Landsvirkjun’s Information System Division has fulfilled requirements for certification in accordance with the ISO 27001 standard, information security management systems.

Landsvirkjun's Results in 2007

12.3.2008

Landsvirkjun`s annual accounts were approved at a meeting of the Board of Directors last Friday, 7 March. Profit from Landsvirkjun's consolidate operations in 2007 amounted to ISK 28.5 billion.

Landsvirkjun to supply electricity to Verne Holding’s data centre

26.2.2008

Páll Magnússon, Chairman of the Board at Landsvirkjun, today signed an electricity sales contract with Verne Holding in connection with the data centre to be built at Keflavík Airport.

RES -School for Renewable Energy Science - opening convocation

18.2.2008

Saturday 9 February 2008 marked the first day of academic operations for RES – the School for Renewable Energy Science. Landsvirkjun is one of the shareholders of RES.

Landsvirkjun issues USD and JPY bonds on favourable terms

8.2.2008

This week, Landsvirkjun (LV) issued two bonds, amounting to USD 75 million on the one hand, and JPY 2,000 million on the other, under the company’s European Medium-Term Notes Framework Agreement. These bond issues correspond to approximately ISK 6.3 billion.

Stefán Pétursson appointed Managing Director of HydroKraft Invest hf.

29.1.2008

The object of HydroKraft Invest hf., which is owned by Landsvirkjun and Landsbankinn Vatnsafl, is to invest in restructuring projects and new construction projects in the field of renewable energy.

Revised profitability assessment regarding Kárahnjúkar Power Plant

21.1.2008

Landsvirkjun has revised is profitability assessment regarding Kárahnjúkar Power Plant, originally made at the end of 2002 when the decision was taken to enter into an agreement with Alcoa to build the hydroelectric installation.

Sultartangi Station off the Grid

14.1.2008

Both unit generator transformers of the Sultartangi Station have broken down due to damages to the insulation of secondary coils.

Landsvirkjun Power ehf.

18.12.2007

LV established the company, currently named Landsvirkjun Power ehf. (LP), under the name Landsvirkjun Invest on 1 March 2007. The formal operation of the company will begin on 1 January 2008.