Iceland· ReykjavíkReykjavík Energy Considers Sale or IPO of Fiber Optic Subsidiary Ljósleiðarinn
Reykjavík's energy company, Orkuveitan, is exploring options to sell or list its fiber optic subsidiary, Ljósleiðarinn, on the stock market, a move previously suggested by local politicians.
Background
Icelandic municipalities often own utility companies providing essential services. The potential sale or IPO of Ljósleiðarinn reflects a broader trend of public entities re-evaluating their ownership of infrastructure assets, driven by financial considerations and evolving market dynamics.
Quorum · collective opinions
Potential Sale of Reykjavík Energy's Fiber Optic Company
First report 2h agoLast update 2h ago1 takes 1
exploring asset saleneutralShow 1 post
started 2h ago•Last update 2h ago
Shareholders have approved exploring the sale or IPO of Ljósleiðarinn, with local politicians having previously advocated for its sale.
iWitness comments
No comments yet — be the first to weigh in.