Landsvirkjun hf - Company Profile
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Landsvirkjun hf (Landsvirkjun) is a state-owned energy utility that conducts the generation and transmission of electricity in Iceland. It generates electricity through renewable sources such as hydro, geothermal, and wind. The company through its subsidiaries offers telecommunications services and undertakes the sales of technical and operational advisory services to third parties and manages general research work, which oversees research and projects for the company and its related companies. The company operates electricity transmission and system management through Landsnet hf that offers services to retail sales companies and industrial users. Landsvirkjun is headquartered in Reykjavik, Iceland.
Headquarters
Iceland
Address
Haaleitisbraut 68, Reykjavik, 103
Website
www.landsvirkjun.com
Telephone
354 515 9000
No of Employees
303
Industry
Alternative Energy
Revenue (2022)
$608.6M
Landsvirkjun hf premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Product: | Project Management |
| Electricity |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Contracts/Agreements | In April, the company and Linde signed an agreement to develop clean hydrogen and E-Fuel. |
| 2023 | Contracts/Agreements | In February, the company signed a non-binding agreement with GeoSalmo to sell electricity. |
| 2022 | Contracts/Agreements | In December, the company signed a 20MW Green Power Purchase Agreement with Landeldi. |
Competitor Comparison
| Key Parameters | Landsvirkjun hf | Orkuveita Reykjavikur | HS Orka hf | OR Veitur ohf. | RARIK Ohf |
|---|---|---|---|---|---|
| Headquarters | Iceland | Iceland | Iceland | Iceland | Iceland |
| City | Reykjavik | Reykjavik | Grindavik | - | Reykjavik |
| No. of Employees | 303 | 577 | - | - | - |
| Entity Type | Private | Private | Private | Private | Private |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Jonas Por Guthmundsson | Chairman | Executive Board | 2014 | - |
| Horthur Arnarson | Chief Executive Officer | Senior Management | - | - |
| Einar Mathiesen | Executive Vice President - Wind and Geothermal Power | Senior Management | - | - |
| Tinna Traustadottir | Executive Vice President - Sales and Services | Senior Management | - | - |
| Jona Bjarnadottir | Executive Vice President - Community and Environment | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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