We are Iceland's third largest power producer, owning and operating two geothermal plants and two hydropower plants.
Developments
Our projects
We work responsibly on ambitious development projects and continuously seek ways to improve our operations and the utilization of the resources entrusted to us.
Geothermal energy has been an inseparable part of Icelandic nature and culture. As technology advanced, geothermal energy began to be used for electricity production.
Ownership is divided equally between Jarðvarmi, a partnership company owned by thirteen Icelandic pension funds, and funds managed by Ancala, a UK‑based asset‑management firm.
