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’s Information System Division has fulfilled requirements for certification in accordance with the ISO 27001 standard, information security management systems.
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.
Landsvirkjun has revised is profitability assessment regarding Kárahnjúkar Power Plant, originally made at the end of 2002 when the decision was taken to enter into an agreement with Alcoa to build the hydroelectric installation.
Both unit generator transformers of the Sultartangi Station have broken down due to damages to the insulation of secondary coils.
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.
Landsvirkjun and Becromal Iceland have signed a declaration of intent on negotiations relating to energy purchase for a pure silicon plant. These negotiations will continue to at least the end of January.
Árni Gunnarsson, engineer in the engineering and construction division, stated to the newspaper Morgunblaðid this morning that the noise from borehole 36 at Krafla was ear-splitting. The hole was opened and vented yesterday.
The US radio station NPR is currently broadcasting programmes on atmospheric issues and global warming. Four programmes on Iceland were broadcast in the series. Bjarni Pálsson, engineer at Landsvirkjun, was involved in two programmes.
Þeistareykir ehf., a company jointly owned by Orkuveita Húsavíkur, Norðurorka, Landsvirkjun and the districts Aðaldælahreppur and Reykdælahreppur, has submitted a draft for an assessment plan with respect to the planned Þeistareykir Power Plant.
Last week, Landsvirkjun issued bonds amounting to USD 75 million under the company’s European Medium-Term Notes Framework Agreement; the amount corresponds to ISK 4.5 billion.
The Kárahnjúkar hydroelectric station was formally launched today in the presence of many guests in Fljótsdalur station and at Hotel Nordica in Reykjavík.
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.
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.