Middle East
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Project Updates
CF/LA Infrastructure – RG Among Winners for Infrastructure Projects of the Year
NEW YORK -- 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...
The Strongest in Iceland
Reykjavik Geothermal received an award from Creditinfo for being one of the strongest Icelandic companies in 2014. Creditinfo is Iceland´s leading local credit information provider and specializes in the area of credit risk management. Every year Creditinfo completes...
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. The...
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. Ethiopia’s government...
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. When complete, the project will...
