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Energy Finance & Investment News in Iceland

Landsvirkjun issues debut Green Bond in US Private Placement market

Landsvirkjun issues debut Green Bond in US Private Placement market

🕔Mar 19, 2018

Landsvirkjun has reached an agreement with US and UK institutional investors to issue its debut US private placement (USPP) in Green Bond format, for a total amount of US$200 million. The proceeds will be used to finance the construction of the Theistareykir and Burfell II power stations.

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Alterra Power achieves US$133 million refinancing for Icelanding geothermal unit

Alterra Power achieves US$133 million refinancing for Icelanding geothermal unit

🕔Sep 20, 2017

 Alterra Power Corp. has annoucned the execution of a US$133 million refinancing of the corporate loans at its Icelandic subsidiary, HS Orka hf.

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Infranode closes second investment round for infrastructure fund

Infranode closes second investment round for infrastructure fund

🕔Feb 20, 2017

Infranode has announced the closing of its second investment round. The Infranode I investment platform raises SEK1.9 billion (US$213 million) dedicated to essential infrastructure investments in the Nordics.

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Landsvirkjun completes financing for geothermal project

Landsvirkjun completes financing for geothermal project

🕔Jun 30, 2016

Landsvirkjun and the Nordic Investment Bank (NIB) have signed a US$ 50 million long-term loan agreement without a guarantee of collection for the construction of the Theistareykir project.

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EIB supports geothermal energy project in Iceland

EIB supports geothermal energy project in Iceland

🕔Jun 10, 2016

The European Investment Bank (EIB) has signed a €125 million (US$142 milion) loan agreement with Landsvirkjun, the National Power Company of Iceland, to finance a new geothermal power station and its geothermal wells at Theistareykir, near Húsavik in north-eastern Iceland. 

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Iceland’s Landsvirkjun signs a new USD 200m Revolving Credit Facility

Iceland’s Landsvirkjun signs a new USD 200m Revolving Credit Facility

🕔Jan 7, 2016

Landsvirkjun, the National Power Company of Iceland has signed a new US$200 million multi-currency revolving credit facility for general corporate purposes.

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Landsvirkjun secures project financing for Theistareykir Geothermal Power Plant

Landsvirkjun secures project financing for Theistareykir Geothermal Power Plant

🕔Dec 15, 2015

Iceland-based power producer Landsvirkjun has signed an ECA (Export Credit Agency) loan agreement in relation to a supply contract for two 45 MW geothermal turbines from Fuji Electric for the Theistareykir Geothermal Power Plant, scheduled to commence operation in 2017.

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