Press Program – Glitnir Bank to open New York office

glitnir-banner.jpgTo mark the opening of a new office in New York City, Nordic bank Glitnir has issued an invitation to the media for a press breakfast and conference on geothermal energy, at the New York Palace Hotel on Wednesday September 5th 2007.

Press Breakfast

Date: Wednesday September 5th 2007
Time: 08:00 – 09:05 am
Location: New York Palace Hotel, 455 Madison Avenue, New York
Room: Garrison Room, 5th Floor

08.00 Breakfast served
08.15 Potential for Geothermal Energy in the USA and Globally
Presentation of Glitnir’s US and global geothermal research
By Árni Magnússon, Mananger Director, Glitnir Global Sustainable Energy
08.35 Iceland and Norway – Brief Update on the two Countries’ Economic Status
By Ingolfur Bender, Head of Research for Iceland, Glitnir and Elisabeth Holvig, Head of Research, Norsk Privatøkonomi. Also available for questions and interviews is Thordur Fridjonsson, CEO, Iceland Stock Exchange.
08.50 Q and A
09.05 End, transfer to the “Steam of Opportunities” conference

Glitnir will present the company’s plans for Glitnir Capital Corporation’s operations in New York and Glitnir’s operations out of Halifax, Canada. Particular focus will be on Glitnir’s research on the potential of geothermal energy exploitation in the US and the rest of the world. The breakfast aims to give the media a better understanding of geothermal energy as an environmentally-friendly and sustainable source of energy.

Glitnir Geothermal Energy Conference: “Steam of Opportunities”

Location: New York Palace Hotel, 2nd Floor
Time: 09.10 am – 13.00 pm

The full program for the conference with a list of speakers can be found at this link: Program for Glitnir Geothermal Energy Conference.

Glitnir’s involvement in geothermal energy is one of three global niche sectors the Nordic bank has built up extensive expertise in (seafood / food and offshore supply vessels are the two other). Glitnir hopes to develop the ‘Steam of Opportunities’ conference into an annual event with experts from all over the world coming together to discuss the field of geothermal energy.

Glitnir bank is one of the leading players in capital market services in the Nordic region ranked by volume on OMX and Oslo Stock Exchange. Glitnir has offices and operations in 11 countries worldwide and has its headquarters in Reykjavik, Iceland.

Representatives of the media are invited to register by sending an email to with names and contact details of attendees. They should also specify which part of the conference they wish to attend.

For more information and Glitnir‘s expertise in the geothermal energy sector visit