Reduced risk for the Icelandic economy following the EFTA Court decision in January and an overall improvement.
Creditinfo names Landsvirkjun Power ehf. among the most exceptional Icelandic businesses for the year 2012.
Landsvirkjun has successfully erected its first wind turbine.
Five years have passed since the Fljótsdalur Hydropower Station, at Kárahnjukur came on-line.
A milestone reached at the Búðarháls Hydropower construction site.
The Annual Autumn Meeting was well attended this year. Over 400 guests were present at the meeting, held at the Hilton Nordica Hotel in Reykjavík.
In the last few years, Landsvirkjun has undertaken various preparation and research projects, in connection with the proposed power plants at Bjarnarflag and Þeistareykir.
Construction is successfully moving forward and the project is on schedule
Satisfactory performance given the global economic conditions
- Debt continues to decrease
Landsvirkjun Power, a subsidiary company of Landsvirkjun, has recently signed an agreement on engineering consultancy for the development of two 20-25 hydroelectric power stations in Georgia
PCC subsidiary PCC BakkiSilicon to purchase power for silicon metal plant in Iceland
GMR´s operations to transform Iceland's steel and scrap metal recycling capabilities
Agreements signed regarding redenomination of two loans.
The Trade Finance Magazine has announced and published Landsvirkjun´s ECA financing for Budarhals power station as Deal of the Year for 2011.
-said CEO Hörður Arnarson at Landsvirkjun´s Annual General Meeting
Landsvirkjun aims at capturing 1% of the total European Datacenter market by the year 2020
After thsi purchase Landsvirkjun holds all shares in Theistareykir hf.
The advert “Will our wind finally be useful” was awarded first prize in the category of individual web advertisement by FÍT – the Association of Icelandic Graphic Designers
Reduced debt and increased cash flow
Annual Report 2011 will be published in English in May 2012.
A cooperative project on energy transition and energy-related innovation.
Economic conditions continue to affect operations but net debt continues to decrease.
Among the first companies globally to adopt a new approach to finance green assets.
Acceptable first quarter results under challenging external conditions.
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.