Archive for October, 2007

New submarine data cable to link Iceland and Europe

Iceland is looking to become a leading data center location following an agreement to lay a high speed communications connection to Europe.
A new fibre-optic cable system called ‘Danice’ will soon be built under the North Sea, connecting Iceland to Denmark and mainland Europe.
The cable will be laid by Icelandic / Faroese company ‘Farice’, and will [...]

Popularity: 7% [?]

Glitnir in Chinese geothermal energy deal

Nordic financial group Glitnir and Chinese energy company Sinopec announced their intention last week to increase geothermal energy investments and develop geothermal technology in China, as well as exploring new opportunities in district heating and energy generation.
Reykjavik Energy Invest, a leading geothermal investment company which recently merged with Geysir Green Energy, will support the agreement [...]

Popularity: 14% [?]

Icelandic geothermal office opened in California

The Icelandic President, Olafur Ragnar Grimsson, joined officials from the state of California and the city of Los Angeles to open the new headquarters of the Iceland America Energy company. The company is expected to be a leader for geothermal energy development in California using knowledge and expertise developed from over 70 years of harnessing [...]

Popularity: 11% [?]

Glitnir bank expands into US geothermal energy market

Icelandic investment bank Glitnir met with leading geologists, government officials and investors at the first West Coast Geothermal Finance and Development Workshop held in San Francisco on Thursday.
At the meeting Glitnir showed a keen interest in investing in US geothermal energy projects. “The US market is extremely attractive for us”, said Executive Vice President of [...]

Popularity: 16% [?]

BBI releases six month fixed rate bond

Bradford & Bingley International launches a limited edition 6 month savings bond with a fixed interest rate of 6.40%
Douglas (eNewsWire) 17 October 2007 - Offshore savings specialists Bradford & Bingley International have announced a new 6 month savings account - the Fixed Rate Bond (Issue 33).
The 6 month fixed rate bond pays 6.40% on balances [...]

Popularity: 10% [?]