Examples of HS Orka in a sentence
Ingunn is on the Board of HS Orka hf., a clean energy producer and provider, Sjóvá hf., insurance company, and Votlendissjóðurinn, a non-profit organization focused on reducing carbon emissions.Ingunn is currently seeking an MBA degree at the University of Iceland.
The penalty interest is considered unacceptable by HS Orka in light of the facts, and if further negotiations will not lead to a result acceptable to HS Orka, it will be up to the courts to decide on the matter.
HS Orka has commenced an arbitration to determine the validity of the Power Purchase Agreement between HS Orka and Norðurál Helguvík ehf.
Glitnir now claims the contract is still valid and demands payments from HS Orka.
HS Orka claims the agreement was annulled in November 2008 when Glitnir stated in a communication to HS Orka that they did not intend to fulfill their part of the contract.
A detainee must receive a booklet containing a list of the rights to which he is entitled in the present situation.
Under the contract, HS Orka would supply up to 32MW, a minority portion of the plant’s power needs.
Glitnir has made an offer to HS Orka where they claim an amount identical to the amount HS Orka has calculated, based on the original contract.
HS Orka will claim principally that the agreement was terminated in November 2008 and therefore HS Orka has no obligations thereunder, but at the same time and alternatively, that net present calculations of obligations pursuant to the agreement should be substantially lower than those claimed by Glitnir.
The Board of Directors:Ásgeir Margeirson Gylfi Árnason John Carson Anna Skúladóttir Ross Beaty Chief Executive OfficerJúlíus Jónsson Assistant Chief Executive OfficerAlbert Albertsson Independent Auditors' Report To the Board of Directors and shareholders of HS Orka hf.