Ljósleiðarinn mandate could open door to sale or new investors
Shareholders approved a proposal that may lead to ownership changes for the Reykjavík-based fibre company. Final decision rests with Reykjavík Energy's owners.
Topic
Shareholders approved a proposal that may lead to ownership changes for the Reykjavík-based fibre company. Final decision rests with Reykjavík Energy's owners.
Reykjavík Energy's newly approved financial forecast outlines major investments between 2027 and 2031, alongside potential ownership changes in a subsidiary. The public utility expects revenues to rise by ISK 22.2 billion.
Work has begun on the Vaðöldu wind farm operated by Landsvirkjun, with Reykjavik Energy planning a separate wind project on Mosfellsheiði. The growth of wind power sparks debate about Iceland’s energy future.
Hellisheiðarvirkjun, built by Reykjavík Energy south of Henglafjall, was formally commissioned on 21 October 2006. The power station remains a landmark in Iceland's geothermal energy infrastructure.