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Tag Archive | "hs orka"

Magma Energy takes big new share in Icelandic energy company


HS-OrkaCanadian company Magma Energy yesterday took its 41 percent stake in Iceland’s HS Orka with a pledge to increase business. Geysir Green Energy, which is majority shareholder in HS on the other hand, has said its plans are to ‘trim the sails’, sell assets and pay off debts. Read the full story

Posted in Business, Canada, Energy, Iceland, MBL, PoliticsComments (5)

Canadian company gets Iceland energy buy-out green light


hsorkaA sizeable minority within the cabinet of the Reykjavik city council intends to request that the details of Reykjavik Energy’s dealings with Canada’s Magma Energy over the sale of its stake in HS Orka be made public. Read the full story

Posted in Canada, Energy, Iceland, MBL, PoliticsComments (5)

Geothermal energy companies in Iceland and in Canada become partners


geothermal energy asbruMagma Energy Corporation from Canada has announced that they will invest in the companies of Geysir Green Energy and HS Orka in Iceland, which are partners with Asbru’s clean energy development. Asbru will gain much from this investment opportunity including better knowledge to further develop green energy research. Read the full story

Posted in Canada, Energy, Environment, Iceland, InternationalComments (3)

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