About Reykjavik Geothermal

Global leaders in the development of sustainable geothermal power.

A uniquely qualified team with a track record of developing sector-leading projects.

Sustainable Power for the Planet

Our expertise in geothermal exploration and development is wide-ranging across the geothermal value chain. We handle:

  • Resource exploration and reservoir assessment
  • Project financing and partnerships
  • Exploration and production drilling
  • Design, construction, and development of geothermal power plants
  • Management of operations
  • And more

Advancing clean and dependable geothermal energy around the world.

Putting sustainable development, health, safety, and environmental protection first.

Industry leaders working on the world’s highest-quality geothermal resources.

Geothermal Power is Our Mission

We work with local partners to harness natural resources and develop utility-scale geothermal power plants, providing an inexpensive, clean and indigenous energy source for the benefit of local economies while providing attractive returns for investors.



We believe geothermal power is the future of renewable energy. Our people make fast and flexible decisions with energy and enthusiasm.



Teamwork is the foundation for our success. We work together to deliver clean and renewable energy to local communities.



We build honest relationships with all stakeholders based on mutual trust, and our projects meet or exceed expectations for costs and delivery dates.



By maintaining executive oversight of every engagement, we provide attractive returns for investors and affordable green energy for customers.



We take a proactive and progressive role in protecting the environment, as well as the health and safety of all people connected to our work.

Geothermal Workers Tulu Moye Ethiopia

Environmental & Social Governance

We are committed to protecting the environment and the health and safety of our employees, along with all other people affected by our activities.

Protecting natural resources and using them sustainably are two of our top priorities. As a co-founder and board member of the Iceland Renewable Energy Cluster, we collaborate with numerous institutions to move sustainable geothermal development forward at home and around the world.

By producing clean and indigenous energy, we deliver cheaper power to communities. We also reduce reliance on imports to create energy sovereignty in the regions where we work, helping local economies prosper and people thrive.

Our business management system is QHSE-certified according to the international standards ISO 9001 on quality management, ISO 14001 on environmental management, and ISO 45001 on occupational health and safety. We are also committed to the ISO 26000 standard on social responsibility and the SA 8000 standard on social accountability.

Meet Our Team

People are the bedrock of our work. Founded by one of the world’s most experienced geothermal management and science teams, Reykjavik Geothermal employs some of the industry’s most visionary leaders.

Reykjavik, Iceland

Magnús Ásbjörnsson

Chief Executive Officer

Vilhjálmur Skúlason

Chief Financial Officer

Guðmundur Þóroddsson

Chairman of the Board of Directors

Gunnar Orn Gunnarsson

Chief Operating Officer

Chelsea Cervantes


Gestur Gíslason

Senior Geologist / Geochemist

Hjálmar Eysteinsson

Head Geophysicist

Loftur Gissuarsson

Managing Director – Head of QHSE

Margrét Þórarinsdóttir

Office Manager – Certified Accountant

Snorri Guðbrandsson

Head Geologist / Geochemist

Tómas Guðmarsson

Managing Director – Head of Engineering

United States

Herman Charles

Communication / HSE Officer

Trent Phillip

Chief Development Officer

Addis Ababa, Ethiopia

Ejigayehu W/Mariam Abebe

Certified Accountant

Fitsum W/Miriam

Logistics Officer