Íslandsbanki & Geothermal Energy
Why are we focusing on geothermal energy?
Íslandsbanki is a focused financial partner to the geothermal energy sector. Our dedicated geothermal energy team provides investment and financial services from the bank’s headquarters in Reykjavík, Iceland, and maintains a worldwide network of partnerships.
The nature of geothermal projects demands a thorough understanding of the underlying technical issues and risks. Íslandsbanki’s geothermal energy team has, through the years, worked as a partner to the geothermal energy industry in Iceland and in many other countries.
Iceland as an unique location for services in the geothermal energy sector
- Almost two thirds of Iceland’s primary energy supplies are derived from geothermal sources
- Geothermal energy is used to generate 25% of Iceland’s electricity
- Iceland is a leader in the utilisation of geothermal energy, both directly and for generating electricity
- Installed electricity generating capacity using geothermal resources totals 575 MW
- The dynamic geothermal energy sector provides services, drilling, project management and financing
Íslandsbanki's value proposition
- Uniquely focused team for the sector
- Extensive geographical and industrial research
- Industry player mapping and network
- Strategic global partners with leading positions in the sector
- Advisory in the geothermal sector, across the entire value chain
- Service offerings to the industry and the financial community
How can we as a bank that is uniquely focusing on geothermal energy help you and your business?
With our unique background and experience, we have a strong foundation for our activities in this sector. Our dedicated team provides us with unparalleled market knowledge combined with strong banking skills. This enables us to fulfil the needs of companies, investors and other players across the value chain of the geothermal industry and provide opportunities for growth. Our expertise and understanding of the industry coupled with our ongoing efforts to promote geothermal energy together make us a valuable partner for our clients and other organisations in the sector.