Founded in 2007 as a subsidiary of Landsvirkjun, the National Power Company of Iceland, to manage its international operations. The purpose of Landsvirkjun Power is to participate in advisory and co-development of renewable energy projects, including possible co-investment. The primary focus is on hydro power and geothermal projects, with growing interest in wind power.
Landsvirkjun was founded in 1965 as the National Power Company of Iceland. The company builds, runs and refurbishes hydroelectric, geothermal and wind projects.