In May of 2014, Landsvirkjun Power signed a partnership agreement with the Romanian company MHC Green Investment SRL with the purpose to apply for a grant from the EEA Grants in Romania, RO 06 Renewable Energy Programme (RONDINE) for development of small hydroelectric project on the river Mara in Northern Rumania.  The grant was awarded in the autumn of 2014.  The task of Landsvirkjun Power is to provide technical assistance during preparation and implementation stage of the project.  The project was delayed for some months due to uncertainty about ownership of land in the project area which were resolved in the autumn of 2015.