Posted on 01 June 2011.
14 Icelandic pension funds have struck a deal to buy 25 percent of energy company HS Orka. The chairman of Jardvarmi — a company specially set up by the pension funds for this deal — says that no future major decisions will be taken at HS Orka without the pension funds’ approval. Read the full story
Posted in Business, Canada, Energy, Environment, General, Iceland, MBL, Politics, TechnologyComments (0)
Posted on 18 April 2011.
Iceland’s pension funds were given the opportunity to buy a quarter share in HS Orka from Canada’s Magma Energy. They have now decided to investigate the potential deal with a view to accepting it. Read the full story
Posted in Business, Canada, Energy, General, Iceland, MBL, PoliticsComments (1)
Posted on 17 January 2011.
The famous Icelandic singer and environmental campaigner, Bjork Gudmundsdottir, this morning handed the Orkuaudlindir petition over to Prime Minister Johanna Sigurdardottir. The singer said she was satisfied with her meeting with government members. Read the full story
Posted in Business, Canada, Energy, Environment, General, Iceland, MBL, Politics, Society, TechnologyComments (1)
Posted on 13 January 2011.
As part of her campaign to enshrine Iceland’s energy resources as the property of the nation, the singer Bjork Gudmundsdottir set up a petition calling for a referendum on the issue. Read the full story
Posted in Business, Canada, Energy, Environment, General, Iceland, International, MBL, Politics, Society, TechnologyComments (2)
Posted on 14 October 2010.
Eva Joly, the departing assistant to Iceland’s bank crash investigator has used her last day on the job, before returning to France to campaign to become the next president, to speak her mind once more. Read the full story
Posted in Business, Energy, General, Iceland, International, MBL, Politics, SocietyComments (1)
Posted on 23 August 2010.
Three weeks ago the joint enterprise fund of the Icelandic pension funds declined Magma Energy’s offer to purchase a 25 percent stake in HS Orka – but now the Pension Fund of Commerce is considering buying into the company unilaterally. Read the full story
Posted in Business, Canada, Energy, Environment, General, Iceland, MBL, Politics, SocietyComments (0)
Posted on 03 August 2010.
The chairman of the Reykjanesbaer town council says he does not see how Magma Energy can pull out of the HS Orka purchase at this stage and added the town would consider suing the State if it interferes to cancel the deal. Read the full story
Posted in Business, Canada, Energy, General, Iceland, MBL, PoliticsComments (2)
Posted on 27 July 2010.
The Icelandic Prime Minister is to set up a committee of independent experts to investigate the privatisation of Icelandic energy companies – especially the purchase of HS Orka by Canada’s Magma Energy. Read the full story
Posted in Business, Canada, Energy, Environment, General, Iceland, MBL, PoliticsComments (3)
Posted on 25 July 2010.
Asgeir Margeirsson, CEO of Magma Energy Iceland, says he does not see what difference it makes which particular foreigners own the HS Orka geothermal company; but says it will fall into foreign hands either way. Read the full story
Posted in Business, Canada, Energy, General, Iceland, MBL, PoliticsComments (2)
Posted on 22 July 2010.
Icelandic Prime Minister, Johanna Sigurdardottir is under pressure to ensure members of her government are free to speak their minds over the purchase of a large majority of the HS Orka geothermal company by Canada’s Magma Energy. Read the full story
Posted in Business, Canada, Energy, General, Iceland, MBL, Politics, SwedenComments (3)
No Motörhead wine for Icelanders, branding too negative
Reykjavík Winter Lights Festival begins today
Multiple shooting in Greenland hamlet
IMF refutes claim it tried to shut Icelandic national theatre and museum
Iceland central bank holds rates, predicts ongoing economic growth
Continued Malmö violence embarrasses police
Currency exchange privacy case thrown out of Icelandic court
Sauli Niinistö wins Finland presidential race
Iceland historic French village restoration finance secured
Murder in Hafnarfjörður
