Landsvirkjun is one of Europe´s leading renewable energy companies

Landsvirkjun provides green energy at competitive prices. The Company is 100% owned by the Icelandic State with 50 years of experience generating electricity from hydro and geothermal power sources. Landsvirkjun is Iceland´s largest producer of electricity, holding over 75% market share

in domestic electricity generation and is one of the ten largest renewable energy companies in Europe. The role of Landsvirkjun is to maximise return from energy sources entrusted to the company with focus on sustainability, efficiency and value creation.

Key figures 2017

Operating revenue




Total liquidity


Total assets


Cash from operations


Installed capacity


Equity ratio


Sales in GWh


Division of electricity sales (MWh)


Profit before unrealised financial items


Operating revenues


Net liabilities and equity ratio