Reykjavik Energy chairman refuses gift of board game Monopoly Skip to content

Reykjavik Energy chairman refuses gift of board game Monopoly

The National Youth Organization of the Independence Party presented Alfreð Þorsteinsson, chairman of Reykjavík Energy, with the board game “Monopoly” Friday.

The R-coalition has held power in Reykjavík city council since 1994 when it was formed by the Progressive Party, Left-Green Party and the Social Democratic Alliance.

Alfreð Þorsteinsson, a Progressive, led the formation of Reykjavík Energy out of the water, electric and geothermal hot water utilities of Reykjavík and several other surrounding municipalities. He has since masterminded Reykjavík Energy’s expansion into various industries, including telecommunications, jumbo shrimp farming and, most recently, summer house development.

During Alfreð’s tenure as chairman, Reykjavík Energy has also added a prominent new feature to the Reykjavík skyline, a new multi-billion króna headquarters in the Eastern section of Reykjavík; the building includes an art-gallery and a gym.

Alfreð Þorsteinsson promptly returned the gift to the young Independents suggesting they offer it instead to their party leader, Davíð Oddsson, current foreign minister, formerly prime minister and mayor of Reykjavík. In a note Alfreð wrote accompanying the board game he claimed that Reykjavík landmark Perlan, erected on top of the hot water utility’s storage tanks on Öskjuhlíð when Davíð Oddsson was mayor, presented a heavy financial burden to Reykjavík Energy.

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