
Verne Holdings, a joint venture by General Catalyst and Novator, signed an agreement with National Energy Company Landsvirkjun, Farice and Keflavík Airport Development Corporation (KADECO) yesterday on establishing a data center by Keflavík International Airport.
Verne Holdings will put up ISK 20 billion (USD 306 million, EUR 203 million) and in return will be provided with electricity, data transfer, a building and a lot for the data center, which will be established this year and start operations in early 2009, Morgunbladid reports.
The data center has the potential to create about 100 jobs in the next few years and directly or indirectly have a positive economic influence for Iceland of up to ISK 40 billion (USD 611 million, EUR 406 million).
“Those of us who spearheaded this project believe entrepreneurs should definitely be responsible for directing world economy into green channels,” founder of Novator and one of Verne Holdings’ two owners Björgólfur Th. Björgólfsson said at the meeting yesterday.
Björgólfsson stated it is indisputable that CO2 emissions are causing negative changes to the earth’s entire ecosystem. Growing concerns about global warming, energy shortage and rising prices of electricity make Iceland’s green energy an attractive option for foreign companies in need of data centers.
A three-meter long walrus was discovered on the shores by Eyri in the town of Reyðarfjörður in East Iceland yesterday.
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In 1915, women aged 40 and over were granted the right to cast a vote in all official elections held in Iceland.
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Four Icelandic contestants will participate in this year’s World Skills International, the world cup for industrial- and vocational subjects. The competition is held every other year.
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The 2013 June-July issue of Iceland Review is out. Themed ‘We Are Young’ the magazine celebrates the arrival of summer by interviewing young energetic Icelanders who excel in art, sports, business and politics—and Sigmundur Davíð Gunnlaugsson, the youngest PM in the republic’s history and the world’s youngest ruling state leader. Click here to take a look at a selection of the current issue and here to subscribe to the magazine.
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The road to Höfn, a 1,690-person harbor town by the fjord Hornafjörður, is lined with reindeer. Whole herds of the wild horned animals rest peacefully on withered pastures, grace next to sheep and horses and bounce along the road. Soon, Vatnajökull, Europe’s largest glacier and the region’s biggest attraction, comes into view. Looming over Höfn, its outlet glaciers flow down from the mountains on which the bright white icecap rests.
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Sin Fang will celebrate the release of his third album with a release concert in Iðnó on June 12. Flowers was released in February by Morr Music and has been well received by music enthusiasts and critics alike. The concert will be supported by Vök, this year’s winners of the Icelandic Music Experiments.
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