It was announced yesterday evening that Reykjavik Energy has signed a loan deal with the European Investment Bank for around ISK 30 billion (EUR 170 million). Read the full story

Reykjavik Energy is in the midst of huge reorganisation and future planning. The projects underway are expensive and it is expected that ISK 17 billion (USD 135.5 million) will be needed in financing this year. Read the full story

A 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