Energy conference awards ‘Best in Show’ to Islandsbanki and Glacier Securities

The largest geothermal energy conference and exhibition in the U.S., Geothermal Energy Expo, awarded Islandsbanki and Glacier Securities as ‘Best in Show’ for their booth at the event.

Arni Magnusson, Executive Director of the Geothermal Team, explained, “It is a great honour to receive the audience choice award for our booth as voted for by the members of the geothermal industry. We are now looking forward to the bright future of the U.S. geothermal industry, and our participation within it.”

In attendance at the booth were Islandsbanki’s Geothermal Team: Executive Director, Arni Magnusson; Manager, Hrefna Bachmann; Analyst, Sigurjon Magnusson; and Ingibjorg Magnusdottir of marketing, as well as the Director of Islandsbanki‘s Corporate Marketing, Ragnar Mar Vilhjalmsson who prepared the stand.

During the energy conference, Islandsbanki, released its fifth annual United States Geothermal Energy Market Report, as part of its contribution to the geothermal energy in the U.S.. The report focuses on the operations, developments and challenges facing the U.S. geothermal energy industry, as well as presenting estimates on capacity additions and financing needs for the next five years – This report is now online via Islandsbanki’s website.

In addition, the Icelandic Bank maintains an online global overview of the geothermal industry. The bank’s Geothermal Industry Dashboard contains in-depth information on the sectors in Iceland and the United States, which can be viewed here.

Glacier Securities is a subsidiary of the Icelandic bank Islandsbanki who specialises within the geothermal industry.

The 2011 Geothermal Energy Expo took place between 23rd and 26th October in San Diego, California.

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