News & Updates
Bloomberg – Egypt, Sudan Edge Toward Cooperation on Ethiopia’s Nile Dam
Egypt and Sudan took another step toward cooperating with Ethiopia on the hydro-power dam it’s building on the Blue Nile river after the three nations’ leaders signed an accord on Monday.
CF/LA Infrastructure – RG Among Winners for Infrastructure Projects of the Year
CG/LA Infrastructure Inc. announced the recipients of their prestigious 2015 Global Projects of the Year Awards during the 8th Global Infrastructure Leadership Forum in New York City. All projects were presented at the Leadership Forum and the winners were selected in five categories by industry executives around the world.
The Strongest in Iceland
Reykjavik Geothermal received an award from Creditinfo for being one of the strongest Icelandic companies in 2014.
Think Geoenergy – African Union and Reykjavik Geothermal sign grant agreement
Reykjavik Geothermal and the African Union signed a grant contract for an amount of up to $8 million as part of the GRMF for the drilling of two wells of the Corbetti geothermal power project in Ethiopia at an international donor meeting in Reykjavik, Iceland.
Bloomberg – Reykjavik Plans to Start $2 Billion Ethiopian Power Project
Reykjavik Geothermal, the Icelandic power-plant builder, plans to begin drilling in Ethiopia by July as part of a $2 billion project to develop the renewable energy source, Chief Operating Officer Gunnar Orn Gunnarsson said.
REUTERS – Ethiopia to get $4 billion investment for leap into geothermal power
Reykjavik Geothermal, whose Icelandic geothermal expertise is backed by U.S. investors, signed a deal with Ethiopia on Wednesday to construct a 1,000 MW geothermal power plant, Africa's largest, in the volcanically active Rift Valley.