hydropower plant intake News
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NIB to finance the new Búðarháls hydropower plant in Iceland
NIB will provide a loan for Landsvirkjun to finance a new hydropower project in Búðarháls, southern Iceland. The 16-year maturity loan totalling USD 70 million (EUR 52.5 million) will help build the new hydropower plant expected to produce 585 GWh of electricity annually. The intake reservoir of the power station will be formed with a 2.1 km-long dam over the Köldukvísl river. The Búðarháls ...
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